2024 NPR to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NPR to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NPR to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 31.0439. Conversely, the yearly low was recorded on December 29, dropping to 29.3435.
This high-to-low spread represents a total annual volatility of 1.7004 KHR. From a start-to-finish perspective, comparing the January average rate of 30.7295 to the December average rate of 29.6019, the exchange rate registered a net change of -3.67% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 31.0439 was down 2.09% compared to the 2023 peak of 31.7062, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NPR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NPR 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 30.6176, compared to 30.2275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3902 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 0.5670 KHR (High: 30.9491 / Low: 30.3820). On the other end, October was the most stable month, with a tight range of 0.1618 KHR (High: 30.3374 / Low: 30.1756).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 0.4189 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 30.8213) against the same month in 2023 (average: 31.3550), the exchange rate shifted by -0.5337 (-1.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 30.9491 | 30.3820 | 30.7295 |
| February | 30.8452 | 30.6544 | 30.7294 |
| March | 30.7381 | 30.1896 | 30.5094 |
| April | 30.5033 | 30.2136 | 30.3689 |
| May | 30.7010 | 30.2803 | 30.5474 |
| June | 31.0439 | 30.6477 | 30.8213 |
| July | 30.8347 | 30.6112 | 30.7290 |
| August | 30.7211 | 30.1812 | 30.4695 |
| September | 30.5092 | 30.2194 | 30.3216 |
| October | 30.3374 | 30.1756 | 30.2220 |
| November | 30.3147 | 29.7507 | 30.0208 |
| December | 29.8781 | 29.3435 | 29.6019 |