2024 TOP to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TOP to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TOP to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 1758.7842. Conversely, the yearly low was recorded on December 22, dropping to 1671.5235.
This high-to-low spread represents a total annual volatility of 87.2608 KHR. From a start-to-finish perspective, comparing the January average rate of 1734.5946 to the December average rate of 1679.8598, the exchange rate registered a net change of -3.16% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 1758.7842 was down 1.98% compared to the 2023 peak of 1794.2397, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TOP to KHR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1722.0321, compared to 1715.6954 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.3367 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 39.3488 KHR (High: 1741.2255 / Low: 1701.8766). On the other end, September was the most stable month, with a tight range of 19.1161 KHR (High: 1743.9257 / Low: 1724.8096).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 26.5451 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 1744.6988) against the same month in 2023 (average: 1748.5603), the exchange rate shifted by -3.8615 (-0.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1757.7548 | 1719.5515 | 1734.5946 |
| February | 1741.2255 | 1701.8766 | 1723.6612 |
| March | 1721.2376 | 1696.4287 | 1710.3028 |
| April | 1708.4179 | 1682.1522 | 1698.5806 |
| May | 1734.1040 | 1700.1146 | 1720.3548 |
| June | 1758.7842 | 1732.0875 | 1744.6988 |
| July | 1750.0536 | 1717.1590 | 1736.4174 |
| August | 1741.1208 | 1708.7985 | 1728.4481 |
| September | 1743.9257 | 1724.8096 | 1734.1788 |
| October | 1742.1329 | 1704.2671 | 1720.9067 |
| November | 1713.4522 | 1674.8009 | 1694.3616 |
| December | 1691.7217 | 1671.5235 | 1679.8598 |