YEARLY HIGH
1073.3911 KHR
YEARLY LOW
889.1622 KHR
YEARLY AVERAGE
1022.9310 KHR

2024 PLN to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 1073.3911. Conversely, the yearly low was recorded on January 1, dropping to 889.1622.

This high-to-low spread represents a total annual volatility of 184.2289 KHR. From a start-to-finish perspective, comparing the January average rate of 1017.1194 to the December average rate of 986.6706, the exchange rate registered a net change of -2.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1073.3911 was up 1.87% compared to the 2023 peak of 1053.6374, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 21,467,822 KHR
2023 Average 19,603,832 KHR
Yearly Trough Low 17,783,243 KHR
Transaction Impact: A difference of 3,684,578.27 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1063.2177
979.7118
JanuMarcMayJulySeptNove

PLN 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 1020.0895, compared to 1025.7725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6830 points.

H1 Avg (Jan–Jun) 1020.0895
H2 Avg (Jul–Dec) 1025.7725

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 147.8560 KHR (High: 1037.0181 / Low: 889.1622). On the other end, February was the most stable month, with a tight range of 24.1162 KHR (High: 1030.5975 / Low: 1006.4813).

January Spread (Volatile) ±147.8560
February Spread (Stable) ±24.1162

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 32.5111 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -32.5111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1050.0280) against the same month in 2023 (average: 1012.9595), the exchange rate shifted by +37.0685 (+3.66%).

2024 Avg (August) 1050.0280
2023 Avg (August) 1012.9595

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1037.0181 889.1622 1017.1194
February 1030.5975 1006.4813 1018.6438
March 1035.2629 1007.9444 1022.1834
April 1028.8232 983.3051 1008.9889
May 1042.8869 1007.2157 1028.5817
June 1046.9821 1004.1785 1025.0198
July 1052.1614 1024.1287 1041.6324
August 1073.3911 1029.9575 1050.0280
September 1070.1771 1043.6693 1056.2589
October 1048.8311 1008.5590 1026.2781
November 1021.6424 966.7644 993.7670
December 1005.2241 973.7310 986.6706