YEARLY HIGH
3176.0294 KHR
YEARLY LOW
2944.7345 KHR
YEARLY AVERAGE
3047.0973 KHR

2024 SGD to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 3176.0294. Conversely, the yearly low was recorded on December 31, dropping to 2944.7345.

This high-to-low spread represents a total annual volatility of 231.2949 KHR. From a start-to-finish perspective, comparing the January average rate of 3058.5696 to the December average rate of 2977.3623, the exchange rate registered a net change of -2.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3176.0294 was up 0.85% compared to the 2023 peak of 3149.3987, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,880,147 KHR
2023 Average 15,298,681 KHR
Yearly Trough Low 14,723,672 KHR
Transaction Impact: A difference of 1,156,474.51 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3154.7599
2961.2353
JanuMarcMayJulySeptNove

SGD 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 3025.9297, compared to 3068.2650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 42.3354 points.

H1 Avg (Jan–Jun) 3025.9297
H2 Avg (Jul–Dec) 3068.2650

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 110.2927 KHR (High: 3098.2119 / Low: 2987.9193). On the other end, July was the most stable month, with a tight range of 40.5651 KHR (High: 3073.3565 / Low: 3032.7914).

November Spread (Volatile) ±110.2927
July Spread (Stable) ±40.5651

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 70.1958 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -70.1958

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 3138.6328) against the same month in 2023 (average: 3029.6151), the exchange rate shifted by +109.0177 (+3.60%).

2024 Avg (September) 3138.6328
2023 Avg (September) 3029.6151

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3103.8521 3036.0817 3058.5696
February 3061.3441 3018.3473 3034.1700
March 3048.2467 2987.3555 3019.9105
April 3006.2742 2962.7020 2983.6414
May 3034.9272 2988.2688 3016.1400
June 3064.4530 3022.1944 3043.1465
July 3073.3565 3032.7914 3053.1749
August 3143.9772 3067.5063 3106.4176
September 3176.0294 3105.9967 3138.6328
October 3155.5514 3072.8487 3102.0992
November 3098.2119 2987.9193 3031.9034
December 3026.4584 2944.7345 2977.3623