2024 AFN to THB Historical Review

YEARLY HIGH

0.5275 THB

YEARLY LOW

0.4710 THB

YEARLY AVERAGE

0.5002 THB

2024 AFN to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.5275. Conversely, the yearly low was recorded on February 3, dropping to 0.4710.

This high-to-low spread represents a total annual volatility of 0.0565 THB. From a start-to-finish perspective, comparing the January average rate of 0.4917 to the December average rate of 0.4921, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5275 was up 2.38% compared to the 2023 peak of 0.5152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,637 THB

2023 Average 2,121 THB

Yearly Trough Low 2,355 THB

Transaction Impact: A difference of 282.41 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5246

0.4744

JanuMarcMayJulySeptNove

AFN to THB 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 0.5038, compared to 0.4965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.5038

H2 Avg (Jul–Dec) 0.4965

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0321 THB (High: 0.5123 / Low: 0.4802). On the other end, September was the most stable month, with a tight range of 0.0132 THB (High: 0.4865 / Low: 0.4733).

October Spread (Volatile) ±0.0321

September Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0217 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0217

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.5205) against the same month in 2023 (average: 0.4021), the exchange rate shifted by +0.1183 (+29.42%).

2024 Avg (June) 0.5205

2023 Avg (June) 0.4021

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5004	0.4786	0.4917
February	0.4956	0.4710	0.4899
March	0.5105	0.4876	0.4979
April	0.5195	0.5050	0.5121
May	0.5204	0.5023	0.5107
June	0.5275	0.5114	0.5205
July	0.5191	0.5032	0.5120
August	0.5073	0.4771	0.4903
September	0.4865	0.4733	0.4786
October	0.5123	0.4802	0.4977
November	0.5219	0.4995	0.5085
December	0.5075	0.4829	0.4921