YEARLY HIGH
0.5652 KHR
YEARLY LOW
0.5074 KHR
YEARLY AVERAGE
0.5391 KHR

2024 PYG to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.5652. Conversely, the yearly low was recorded on October 27, dropping to 0.5074.

This high-to-low spread represents a total annual volatility of 0.0577 KHR. From a start-to-finish perspective, comparing the January average rate of 0.5611 to the December average rate of 0.5153, the exchange rate registered a net change of -8.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5652 was down 2.05% compared to the 2023 peak of 0.5770, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,826 KHR
2023 Average 2,819 KHR
Yearly Trough Low 2,537 KHR
Transaction Impact: A difference of 288.75 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5657
0.5107
JanuMarcMayJulySeptNove

PYG 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 0.5521, compared to 0.5262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0259 points.

H1 Avg (Jan–Jun) 0.5521
H2 Avg (Jul–Dec) 0.5262

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0151 KHR (High: 0.5225 / Low: 0.5074). On the other end, December was the most stable month, with a tight range of 0.0041 KHR (High: 0.5175 / Low: 0.5134).

October Spread (Volatile) ±0.0151
December Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0151 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.5602) against the same month in 2023 (average: 0.5595), the exchange rate shifted by +0.0007 (+0.12%).

2024 Avg (February) 0.5602
2023 Avg (February) 0.5595

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5651 0.5584 0.5611
February 0.5652 0.5578 0.5602
March 0.5583 0.5468 0.5538
April 0.5506 0.5440 0.5475
May 0.5461 0.5415 0.5432
June 0.5512 0.5430 0.5466
July 0.5466 0.5416 0.5443
August 0.5434 0.5285 0.5391
September 0.5296 0.5202 0.5240
October 0.5225 0.5074 0.5165
November 0.5238 0.5144 0.5180
December 0.5175 0.5134 0.5153