YEARLY HIGH
66.3227 KHR
YEARLY LOW
62.7058 KHR
YEARLY AVERAGE
63.7312 KHR

2024 MZN to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 66.3227. Conversely, the yearly low was recorded on December 22, dropping to 62.7058.

This high-to-low spread represents a total annual volatility of 3.6168 KHR. From a start-to-finish perspective, comparing the January average rate of 64.0484 to the December average rate of 62.9902, the exchange rate registered a net change of -1.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 66.3227 was up 1.38% compared to the 2023 peak of 65.4214, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 331,613 KHR
2023 Average 321,640 KHR
Yearly Trough Low 313,529 KHR
Transaction Impact: A difference of 18,084.14 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

64.5640
62.8471
JanuMarcMayJulySeptNove

MZN 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 63.8046, compared to 63.6578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1467 points.

H1 Avg (Jan–Jun) 63.8046
H2 Avg (Jul–Dec) 63.6578

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 2.5828 KHR (High: 66.3227 / Low: 63.7399). On the other end, October was the most stable month, with a tight range of 0.2565 KHR (High: 63.7807 / Low: 63.5243).

January Spread (Volatile) ±2.5828
October Spread (Stable) ±0.2565

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 0.4954 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4954

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 64.0484) against the same month in 2023 (average: 64.4043), the exchange rate shifted by -0.3559 (-0.55%).

2024 Avg (January) 64.0484
2023 Avg (January) 64.4043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 66.3227 63.7399 64.0484
February 64.4188 63.6926 63.8882
March 63.8215 63.0124 63.3929
April 63.7995 62.9725 63.3149
May 64.0845 63.4661 63.7619
June 64.8482 64.0100 64.4210
July 64.4977 64.0653 64.3116
August 64.3557 63.4159 63.9572
September 63.8970 63.5070 63.6645
October 63.7807 63.5243 63.6328
November 63.9051 62.9327 63.3906
December 63.3940 62.7058 62.9902