2024 AWG to THB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AWG to THB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AWG to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 20.6523. Conversely, the yearly low was recorded on September 27, dropping to 17.9504.
This high-to-low spread represents a total annual volatility of 2.7020 THB. From a start-to-finish perspective, comparing the January average rate of 19.5264 to the December average rate of 18.9724, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 20.6523 was up 0.30% compared to the 2023 peak of 20.5904, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AWG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AWG to THB 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 20.0818, compared to 19.0807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0011 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 1.0685 THB (High: 19.0189 / Low: 17.9504). On the other end, June was the most stable month, with a tight range of 0.3051 THB (High: 20.5329 / Low: 20.2278).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.8417 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 20.4123) against the same month in 2023 (average: 18.9727), the exchange rate shifted by +1.4395 (+7.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.8697 | 19.0180 | 19.5264 |
| February | 20.0647 | 19.6247 | 19.9024 |
| March | 20.2278 | 19.6127 | 19.9502 |
| April | 20.6523 | 20.1744 | 20.4123 |
| May | 20.5278 | 20.0111 | 20.3209 |
| June | 20.5329 | 20.2278 | 20.3784 |
| July | 20.4378 | 19.7222 | 20.1171 |
| August | 19.7844 | 18.8171 | 19.2754 |
| September | 19.0189 | 17.9504 | 18.4701 |
| October | 18.7889 | 18.0833 | 18.5366 |
| November | 19.4143 | 18.7113 | 19.1125 |
| December | 19.2258 | 18.7229 | 18.9724 |