2024 NZD to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 85.0648 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |