2024 ZAR to KHR Historical Review

YEARLY HIGH

237.5286 KHR

YEARLY LOW

210.6391 KHR

YEARLY AVERAGE

222.2651 KHR

2024 ZAR to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 237.5286. Conversely, the yearly low was recorded on April 20, dropping to 210.6391.

This high-to-low spread represents a total annual volatility of 26.8895 KHR. From a start-to-finish perspective, comparing the January average rate of 217.9187 to the December average rate of 220.5840, the exchange rate registered a net change of 1.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 237.5286 was down 3.38% compared to the 2023 peak of 245.8364, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,876,429 KHR

2023 Average 11,145,023 KHR

Yearly Trough Low 10,531,954 KHR

Transaction Impact: A difference of 1,344,475.60 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

233.0636

212.7706

JanuMarcMayJulySeptNove

ZAR 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 217.7954, compared to 226.7348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.9394 points.

H1 Avg (Jan–Jun) 217.7954

H2 Avg (Jul–Dec) 226.7348

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 14.1164 KHR (High: 226.9967 / Low: 212.8802). On the other end, October was the most stable month, with a tight range of 5.9585 KHR (High: 234.5082 / Low: 228.5498).

December Spread (Volatile) ±14.1164

October Spread (Stable) ±5.9585

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 5.7456 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -5.7456

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 231.1697) against the same month in 2023 (average: 217.7794), the exchange rate shifted by +13.3903 (+6.15%).

2024 Avg (September) 231.1697

2023 Avg (September) 217.7794

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	223.5442	212.2904	217.9187
February	220.1708	210.9399	214.5836
March	218.0410	211.4386	214.8225
April	219.1030	210.6391	214.4617
May	225.6043	217.8735	221.3166
June	229.9703	216.6028	223.6695
July	228.3339	221.1096	225.4110
August	231.2009	219.4860	226.2448
September	237.5286	225.9741	231.1697
October	234.5082	228.5498	231.3725
November	234.9029	221.0120	225.6269
December	226.9967	212.8802	220.5840