2024 MXN to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MXN to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MXN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 246.8670. Conversely, the yearly low was recorded on December 31, dropping to 192.8720.
This high-to-low spread represents a total annual volatility of 53.9950 KHR. From a start-to-finish perspective, comparing the January average rate of 239.5439 to the December average rate of 198.6204, the exchange rate registered a net change of -17.08% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 246.8670 was down 0.58% compared to the 2023 peak of 248.2976, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MXN 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 238.3068, compared to 208.7687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 29.5382 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 21.5302 KHR (High: 241.0113 / Low: 219.4811). On the other end, February was the most stable month, with a tight range of 3.1580 KHR (High: 240.1864 / Low: 237.0284).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 16.1370 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 240.9555) against the same month in 2023 (average: 224.9724), the exchange rate shifted by +15.9830 (+7.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 243.2952 | 235.6876 | 239.5439 |
| February | 240.1864 | 237.0284 | 238.8056 |
| March | 244.2596 | 238.2257 | 241.5741 |
| April | 246.8670 | 236.0091 | 240.9555 |
| May | 246.1184 | 238.7703 | 242.5495 |
| June | 241.0113 | 219.4811 | 226.4125 |
| July | 232.6884 | 218.8952 | 227.0135 |
| August | 220.2834 | 204.8245 | 213.4257 |
| September | 212.4548 | 202.6012 | 207.5292 |
| October | 211.3128 | 201.5414 | 206.6619 |
| November | 205.2343 | 194.5737 | 199.3614 |
| December | 200.4708 | 192.8720 | 198.6204 |