2024 LKR to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 LKR to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the LKR to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 13.9506. Conversely, the yearly low was recorded on January 1, dropping to 12.6129.
This high-to-low spread represents a total annual volatility of 1.3377 KHR. From a start-to-finish perspective, comparing the January average rate of 12.7279 to the December average rate of 13.7901, the exchange rate registered a net change of 8.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 13.9506 was down 1.85% compared to the 2023 peak of 14.2130, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
LKR to KHR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13.2964, compared to 13.6985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4020 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 0.4129 KHR (High: 13.7243 / Low: 13.3113). On the other end, October was the most stable month, with a tight range of 0.0991 KHR (High: 13.8854 / Low: 13.7863).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1048 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 13.8767) against the same month in 2023 (average: 12.5559), the exchange rate shifted by +1.3208 (+10.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.9341 | 12.6129 | 12.7279 |
| February | 13.1848 | 12.9688 | 13.0675 |
| March | 13.4743 | 13.1413 | 13.2831 |
| April | 13.7238 | 13.3924 | 13.5454 |
| May | 13.7296 | 13.5089 | 13.6139 |
| June | 13.6859 | 13.4297 | 13.5408 |
| July | 13.5874 | 13.4563 | 13.5349 |
| August | 13.7198 | 13.4906 | 13.6218 |
| September | 13.7243 | 13.3113 | 13.5170 |
| October | 13.8854 | 13.7863 | 13.8504 |
| November | 13.9506 | 13.8267 | 13.8767 |
| December | 13.9446 | 13.5442 | 13.7901 |