YEARLY HIGH
18.6000 THB
YEARLY LOW
16.1778 THB
YEARLY AVERAGE
17.6326 THB

2024 BBD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 18.6000. Conversely, the yearly low was recorded on September 27, dropping to 16.1778.

This high-to-low spread represents a total annual volatility of 2.4222 THB. From a start-to-finish perspective, comparing the January average rate of 17.5867 to the December average rate of 17.0773, the exchange rate registered a net change of -2.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.6000 was up 0.23% compared to the 2023 peak of 18.5571, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 93,000 THB
2023 Average 86,924 THB
Yearly Trough Low 80,889 THB
Transaction Impact: A difference of 12,111.13 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.5544
16.4584
JanuMarcMayJulySeptNove

BBD 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 18.0856, compared to 17.1795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9061 points.

H1 Avg (Jan–Jun) 18.0856
H2 Avg (Jul–Dec) 17.1795

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.9630 THB (High: 17.1408 / Low: 16.1778). On the other end, June was the most stable month, with a tight range of 0.2746 THB (High: 18.4796 / Low: 18.2050).

September Spread (Volatile) ±0.9630
June Spread (Stable) ±0.2746

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 0.7600 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7600

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 18.3797) against the same month in 2023 (average: 17.0880), the exchange rate shifted by +1.2917 (+7.56%).

2024 Avg (April) 18.3797
2023 Avg (April) 17.0880

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.8828 17.1400 17.5867
February 18.0582 17.6623 17.9225
March 18.2300 17.6760 17.9701
April 18.6000 18.1570 18.3797
May 18.4900 18.0350 18.3019
June 18.4796 18.2050 18.3529
July 18.4067 17.7500 18.1149
August 17.8060 16.9354 17.3549
September 17.1408 16.1778 16.6331
October 16.9100 16.2750 16.6902
November 17.4850 16.7700 17.2069
December 17.3032 16.8600 17.0773