YEARLY HIGH
138.6332 KHR
YEARLY LOW
113.7281 KHR
YEARLY AVERAGE
124.0698 KHR

2024 TRY to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 138.6332. Conversely, the yearly low was recorded on December 21, dropping to 113.7281.

This high-to-low spread represents a total annual volatility of 24.9050 KHR. From a start-to-finish perspective, comparing the January average rate of 135.7797 to the December average rate of 114.9209, the exchange rate registered a net change of -15.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 138.6332 was down 37.09% compared to the 2023 peak of 220.3719, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 6,931,658 KHR
2023 Average 8,894,086 KHR
Yearly Trough Low 5,686,406 KHR
Transaction Impact: A difference of 1,245,252.31 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

137.8656
112.8350
JanuMarcMayJulySeptNove

TRY 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 128.7125, compared to 119.4271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.2854 points.

H1 Avg (Jan–Jun) 128.7125
H2 Avg (Jul–Dec) 119.4271

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 5.2985 KHR (High: 129.8188 / Low: 124.5203). On the other end, October was the most stable month, with a tight range of 0.5445 KHR (High: 118.9779 / Low: 118.4334).

March Spread (Volatile) ±5.2985
October Spread (Stable) ±0.5445

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 February and March, when the average rate fell by 6.1288 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.1288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 135.7797) against the same month in 2023 (average: 219.0766), the exchange rate shifted by -83.2969 (-38.02%).

2024 Avg (January) 135.7797
2023 Avg (January) 219.0766

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 138.6332 134.3704 135.7797
February 134.9042 130.1558 132.4828
March 129.8188 124.5203 126.3539
April 126.4704 124.1520 125.1443
May 127.0000 125.1880 126.2559
June 127.9934 124.9206 126.2581
July 126.5063 123.7256 124.8084
August 123.8509 119.0593 121.2633
September 119.9423 118.7854 119.3683
October 118.9779 118.4334 118.6640
November 118.9148 115.9840 117.5376
December 116.4878 113.7281 114.9209