YEARLY HIGH
1137.6936 KHR
YEARLY LOW
1100.0473 KHR
YEARLY AVERAGE
1117.6740 KHR

2024 QAR to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 1137.6936. Conversely, the yearly low was recorded on December 23, dropping to 1100.0473.

This high-to-low spread represents a total annual volatility of 37.6463 KHR. From a start-to-finish perspective, comparing the January average rate of 1121.4691 to the December average rate of 1104.2197, the exchange rate registered a net change of -1.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1137.6936 was down 0.61% compared to the 2023 peak of 1144.6459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,688,468 KHR
2023 Average 5,638,597 KHR
Yearly Trough Low 5,500,237 KHR
Transaction Impact: A difference of 188,231.57 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1132.0440
1101.6902
JanuMarcMayJulySeptNove

QAR 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 1118.9116, compared to 1116.4363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4754 points.

H1 Avg (Jan–Jun) 1118.9116
H2 Avg (Jul–Dec) 1116.4363

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 17.6463 KHR (High: 1121.6188 / Low: 1103.9724). On the other end, October was the most stable month, with a tight range of 4.3341 KHR (High: 1117.5493 / Low: 1113.2153).

November Spread (Volatile) ±17.6463
October Spread (Stable) ±4.3341

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 7.9185 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.9185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 1129.5145) against the same month in 2023 (average: 1132.0259), the exchange rate shifted by -2.5114 (-0.22%).

2024 Avg (June) 1129.5145
2023 Avg (June) 1132.0259

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1126.3389 1116.9117 1121.4691
February 1130.1161 1115.6879 1120.0999
March 1119.2749 1108.3667 1112.2934
April 1117.6935 1106.2556 1111.7921
May 1124.5366 1113.8380 1118.3008
June 1137.6936 1121.7982 1129.5145
July 1131.0856 1123.6998 1127.5674
August 1129.0079 1113.0943 1123.0408
September 1121.1727 1113.9747 1116.2767
October 1117.5493 1113.2153 1115.3749
November 1121.6188 1103.9724 1112.1382
December 1112.1851 1100.0473 1104.2197