YEARLY HIGH
20.4830 THB
YEARLY LOW
18.1467 THB
YEARLY AVERAGE
19.5113 THB

2024 BAM to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 20.4830. Conversely, the yearly low was recorded on December 10, dropping to 18.1467.

This high-to-low spread represents a total annual volatility of 2.3363 THB. From a start-to-finish perspective, comparing the January average rate of 19.6278 to the December average rate of 18.3017, the exchange rate registered a net change of -6.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.4830 was up 2.27% compared to the 2023 peak of 20.0291, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102,415 THB
2023 Average 96,159 THB
Yearly Trough Low 90,734 THB
Transaction Impact: A difference of 11,681.43 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.4182
18.1093
JanuMarcMayJulySeptNove

BAM 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 19.9984, compared to 19.0242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9741 points.

H1 Avg (Jan–Jun) 19.9984
H2 Avg (Jul–Dec) 19.0242

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.8759 THB (High: 19.3475 / Low: 18.4715). On the other end, May was the most stable month, with a tight range of 0.3707 THB (High: 20.4000 / Low: 20.0293).

September Spread (Volatile) ±0.8759
May Spread (Stable) ±0.3707

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.6369 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6369

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 20.2002) against the same month in 2023 (average: 19.3191), the exchange rate shifted by +0.8811 (+4.56%).

2024 Avg (June) 20.2002
2023 Avg (June) 19.3191

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.9234 19.2201 19.6278
February 19.9511 19.5137 19.7905
March 20.2643 19.7573 19.9729
April 20.3970 19.8159 20.1731
May 20.4000 20.0293 20.2258
June 20.4830 20.0627 20.2002
July 20.2445 19.6701 20.1004
August 19.8893 19.2026 19.5351
September 19.3475 18.4715 18.8982
October 18.8592 18.3614 18.5992
November 18.9884 18.3471 18.7109
December 18.5968 18.1467 18.3017