YEARLY HIGH
2586.7574 KHR
YEARLY LOW
2251.3107 KHR
YEARLY AVERAGE
2463.6059 KHR

2024 NZD to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2586.7574. Conversely, the yearly low was recorded on December 31, dropping to 2251.3107.

This high-to-low spread represents a total annual volatility of 335.4467 KHR. From a start-to-finish perspective, comparing the January average rate of 2522.7343 to the December average rate of 2308.3202, the exchange rate registered a net change of -8.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2586.7574 was down 3.43% compared to the 2023 peak of 2678.5545, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,933,787 KHR
2023 Average 12,616,825 KHR
Yearly Trough Low 11,256,553 KHR
Transaction Impact: A difference of 1,677,233.51 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2554.2591
2285.9621
JanuMarcMayJulySeptNove

NZD 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 2482.2715, compared to 2444.9403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 37.3312 points.

H1 Avg (Jan–Jun) 2482.2715
H2 Avg (Jul–Dec) 2444.9403

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 131.4159 KHR (High: 2382.7266 / Low: 2251.3107). On the other end, June was the most stable month, with a tight range of 46.7634 KHR (High: 2547.1691 / Low: 2500.4057).

December Spread (Volatile) ±131.4159
June Spread (Stable) ±46.7634

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 November and December, when the average rate fell by 85.0648 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -85.0648

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2522.7343) against the same month in 2023 (average: 2635.6140), the exchange rate shifted by -112.8797 (-4.28%).

2024 Avg (January) 2522.7343
2023 Avg (January) 2635.6140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2586.7574 2476.5646 2522.7343
February 2529.1911 2470.1194 2501.0479
March 2504.6004 2412.4581 2460.9580
April 2452.0932 2382.0200 2411.0419
May 2518.8344 2412.1665 2473.2087
June 2547.1691 2500.4057 2524.6384
July 2531.3489 2410.8579 2478.8420
August 2550.3189 2425.4662 2486.8900
September 2584.6502 2493.1357 2531.9010
October 2553.3323 2425.7038 2470.3037
November 2448.3691 2340.8876 2393.3850
December 2382.7266 2251.3107 2308.3202