2024 MWK to KHR Historical Review

YEARLY HIGH

2.4463 KHR

YEARLY LOW

2.3128 KHR

YEARLY AVERAGE

2.3639 KHR

2024 MWK to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 2.4463. Conversely, the yearly low was recorded on December 23, dropping to 2.3128.

This high-to-low spread represents a total annual volatility of 0.1336 KHR. From a start-to-finish perspective, comparing the January average rate of 2.4281 to the December average rate of 2.3203, the exchange rate registered a net change of -4.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4463 was down 39.77% compared to the 2023 peak of 4.0617, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,232 KHR

2023 Average 18,553 KHR

Yearly Trough Low 11,564 KHR

Transaction Impact: A difference of 667.83 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4389

2.3095

JanuMarcMayJulySeptNove

MWK 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 2.3826, compared to 2.3451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0375 points.

H1 Avg (Jan–Jun) 2.3826

H2 Avg (Jul–Dec) 2.3451

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1058 KHR (High: 2.4254 / Low: 2.3196). On the other end, October was the most stable month, with a tight range of 0.0072 KHR (High: 2.3470 / Low: 2.3399).

March Spread (Volatile) ±0.1058

October Spread (Stable) ±0.0072

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 March and April, when the average rate fell by 0.0503 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.4244) against the same month in 2023 (average: 3.9808), the exchange rate shifted by -1.5564 (-39.10%).

2024 Avg (February) 2.4244

2023 Avg (February) 3.9808

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4460	2.4194	2.4281
February	2.4463	2.4186	2.4244
March	2.4254	2.3196	2.3848
April	2.3498	2.3228	2.3344
May	2.3623	2.3307	2.3497
June	2.3926	2.3621	2.3743
July	2.3762	2.3651	2.3703
August	2.3715	2.3397	2.3592
September	2.3507	2.3395	2.3437
October	2.3470	2.3399	2.3424
November	2.3523	2.3200	2.3348
December	2.3331	2.3128	2.3203