2024 NOK to KHR Historical Review

YEARLY HIGH

402.2238 KHR

YEARLY LOW

351.6799 KHR

YEARLY AVERAGE

378.8521 KHR

2024 NOK to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 402.2238. Conversely, the yearly low was recorded on December 19, dropping to 351.6799.

This high-to-low spread represents a total annual volatility of 50.5439 KHR. From a start-to-finish perspective, comparing the January average rate of 392.8980 to the December average rate of 358.1977, the exchange rate registered a net change of -8.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 402.2238 was down 4.39% compared to the 2023 peak of 420.6762, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,011,119 KHR

2023 Average 1,947,106 KHR

Yearly Trough Low 1,758,399 KHR

Transaction Impact: A difference of 252,719.39 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

396.3681

354.7277

JanuMarcMayJulySeptNove

NOK 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 383.2938, compared to 374.4104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.8833 points.

H1 Avg (Jan–Jun) 383.2938

H2 Avg (Jul–Dec) 374.4104

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 21.2215 KHR (High: 389.6623 / Low: 368.4408). On the other end, June was the most stable month, with a tight range of 8.1773 KHR (High: 392.4945 / Low: 384.3172).

May Spread (Volatile) ±21.2215

June Spread (Stable) ±8.1773

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 10.3067 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -10.3067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 392.8980) against the same month in 2023 (average: 414.5633), the exchange rate shifted by -21.6653 (-5.23%).

2024 Avg (January) 392.8980

2023 Avg (January) 414.5633

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	402.2238	387.4556	392.8980
February	392.0197	382.0072	386.8445
March	389.0439	372.3619	381.6068
April	378.8029	365.6397	371.3001
May	389.6623	368.4408	379.3818
June	392.4945	384.3172	387.7315
July	390.3254	371.9219	380.6452
August	390.8789	371.8334	382.0203
September	391.4570	374.4049	383.3245
October	384.8513	369.4169	375.6088
November	373.8808	360.7423	366.6661
December	367.0238	351.6799	358.1977