YEARLY HIGH
0.0435 THB
YEARLY LOW
0.0331 THB
YEARLY AVERAGE
0.0388 THB

2024 ARS to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.0435. Conversely, the yearly low was recorded on December 28, dropping to 0.0331.

This high-to-low spread represents a total annual volatility of 0.0104 THB. From a start-to-finish perspective, comparing the January average rate of 0.0430 to the December average rate of 0.0335, the exchange rate registered a net change of -22.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0435 was down 77.79% compared to the 2023 peak of 0.1958, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 217 THB
2023 Average 661 THB
Yearly Trough Low 165 THB
Transaction Impact: A difference of 52.08 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0440
0.0325
JanuMarcMayJulySeptNove

ARS 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 0.0421, compared to 0.0355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.0421
H2 Avg (Jul–Dec) 0.0355

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0025 THB (High: 0.0382 / Low: 0.0357). On the other end, April was the most stable month, with a tight range of 0.0008 THB (High: 0.0427 / Low: 0.0419).

August Spread (Volatile) ±0.0025
April Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0024 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0430) against the same month in 2023 (average: 0.1825), the exchange rate shifted by -0.1395 (-76.43%).

2024 Avg (January) 0.0430
2023 Avg (January) 0.1825

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0435 0.0423 0.0430
February 0.0434 0.0426 0.0430
March 0.0426 0.0417 0.0423
April 0.0427 0.0419 0.0424
May 0.0424 0.0407 0.0413
June 0.0411 0.0403 0.0406
July 0.0403 0.0381 0.0393
August 0.0382 0.0357 0.0369
September 0.0360 0.0335 0.0346
October 0.0345 0.0336 0.0341
November 0.0350 0.0338 0.0344
December 0.0341 0.0331 0.0335