YEARLY HIGH
1111.3508 KHR
YEARLY LOW
1050.5255 KHR
YEARLY AVERAGE
1084.9554 KHR

2024 PEN to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1111.3508. Conversely, the yearly low was recorded on February 14, dropping to 1050.5255.

This high-to-low spread represents a total annual volatility of 60.8252 KHR. From a start-to-finish perspective, comparing the January average rate of 1095.0859 to the December average rate of 1077.9332, the exchange rate registered a net change of -1.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1111.3508 was down 4.24% compared to the 2023 peak of 1160.5696, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,556,754 KHR
2023 Average 5,495,763 KHR
Yearly Trough Low 5,252,628 KHR
Transaction Impact: A difference of 304,126.21 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1097.9929
1063.1095
JanuMarcMayJulySeptNove

PEN 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 1086.9100, compared to 1083.0009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9091 points.

H1 Avg (Jan–Jun) 1086.9100
H2 Avg (Jul–Dec) 1083.0009

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 40.7671 KHR (High: 1111.3508 / Low: 1070.5837). On the other end, December was the most stable month, with a tight range of 12.3626 KHR (High: 1083.5254 / Low: 1071.1628).

January Spread (Volatile) ±40.7671
December Spread (Stable) ±12.3626

Growth Streaks & Declines

Trends

Between June and August, 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 January and February, when the average rate fell by 29.0695 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -29.0695

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1095.0859) against the same month in 2023 (average: 1076.2538), the exchange rate shifted by +18.8321 (+1.75%).

2024 Avg (January) 1095.0859
2023 Avg (January) 1076.2538

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1111.3508 1070.5837 1095.0859
February 1081.1226 1050.5255 1066.0165
March 1102.5332 1075.5856 1090.4223
April 1102.3662 1072.8276 1089.9767
May 1104.0496 1079.8786 1091.9209
June 1105.6677 1071.9053 1088.0378
July 1105.4347 1069.9582 1091.7311
August 1104.5903 1081.7010 1094.0834
September 1093.8614 1066.2532 1078.8234
October 1096.8017 1076.5954 1083.9266
November 1082.5922 1061.7715 1071.5074
December 1083.5254 1071.1628 1077.9332