2024 AZN to THB Historical Review

YEARLY HIGH

21.8824 THB

YEARLY LOW

19.0327 THB

YEARLY AVERAGE

20.7429 THB

2024 AZN to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 21.8824. Conversely, the yearly low was recorded on September 27, dropping to 19.0327.

This high-to-low spread represents a total annual volatility of 2.8497 THB. From a start-to-finish perspective, comparing the January average rate of 20.6860 to the December average rate of 20.0910, the exchange rate registered a net change of -2.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 21.8824 was up 0.23% compared to the 2023 peak of 21.8318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 109,412 THB

2023 Average 102,259 THB

Yearly Trough Low 95,163 THB

Transaction Impact: A difference of 14,248.39 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21.8236

19.3633

JanuMarcMayJulySeptNove

AZN 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 21.2746, compared to 20.2112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0634 points.

H1 Avg (Jan–Jun) 21.2746

H2 Avg (Jul–Dec) 20.2112

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 1.1329 THB (High: 20.1656 / Low: 19.0327). On the other end, June was the most stable month, with a tight range of 0.3230 THB (High: 21.7407 / Low: 21.4176).

September Spread (Volatile) ±1.1329

June Spread (Stable) ±0.3230

Growth Streaks & Declines

Trends

Between 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 0.8941 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8941

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 21.6186) against the same month in 2023 (average: 20.1035), the exchange rate shifted by +1.5151 (+7.54%).

2024 Avg (April) 21.6186

2023 Avg (April) 20.1035

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.0385	20.1647	20.6860
February	21.2450	20.7791	21.0853
March	21.4471	20.7953	21.1346
April	21.8824	21.2937	21.6186
May	21.7529	21.2176	21.5316
June	21.7407	21.4176	21.5917
July	21.6550	20.8824	21.3116
August	20.9482	19.9240	20.4175
September	20.1656	19.0327	19.5683
October	19.8941	19.1471	19.6356
November	20.5706	19.7294	20.2434
December	20.3568	19.8353	20.0910