YEARLY HIGH
281.3519 KHR
YEARLY LOW
259.9034 KHR
YEARLY AVERAGE
264.3450 KHR

2024 MVR to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 281.3519. Conversely, the yearly low was recorded on December 22, dropping to 259.9034.

This high-to-low spread represents a total annual volatility of 21.4484 KHR. From a start-to-finish perspective, comparing the January average rate of 265.2841 to the December average rate of 261.0576, the exchange rate registered a net change of -1.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 281.3519 was up 3.76% compared to the 2023 peak of 271.1661, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 1,406,759 KHR
2023 Average 1,336,503 KHR
Yearly Trough Low 1,299,517 KHR
Transaction Impact: A difference of 107,242.24 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

267.9857
260.4278
JanuMarcMayJulySeptNove

MVR to KHR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 264.4086, compared to 264.2814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1272 points.

H1 Avg (Jan–Jun) 264.4086
H2 Avg (Jul–Dec) 264.2814

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 19.0308 KHR (High: 281.3519 / Low: 262.3211). On the other end, October was the most stable month, with a tight range of 1.2921 KHR (High: 265.5107 / Low: 264.2186).

May Spread (Volatile) ±19.0308
October Spread (Stable) ±1.2921

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.6597 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.6597

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 264.1889) against the same month in 2023 (average: 268.1857), the exchange rate shifted by -3.9968 (-1.49%).

2024 Avg (May) 264.1889
2023 Avg (May) 268.1857

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 266.2987 264.2722 265.2841
February 267.1917 264.0749 265.1072
March 264.6104 260.4990 262.4475
April 263.4102 260.8906 262.0680
May 281.3519 262.3211 264.1889
June 269.2873 264.7403 267.3559
July 268.0090 264.7977 266.8794
August 267.7087 263.9919 265.6995
September 265.9947 263.9923 264.8151
October 265.5107 264.2186 264.7842
November 265.7115 260.1979 262.4524
December 263.0440 259.9034 261.0576