YEARLY HIGH
98.6881 THB
YEARLY LOW
85.9391 THB
YEARLY AVERAGE
93.5803 THB

2024 BHD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 98.6881. Conversely, the yearly low was recorded on September 27, dropping to 85.9391.

This high-to-low spread represents a total annual volatility of 12.7491 THB. From a start-to-finish perspective, comparing the January average rate of 93.3196 to the December average rate of 90.6056, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 98.6881 was up 0.24% compared to the 2023 peak of 98.4512, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 493,441 THB
2023 Average 461,342 THB
Yearly Trough Low 429,695 THB
Transaction Impact: A difference of 63,745.30 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

98.4380
87.3729
JanuMarcMayJulySeptNove

BHD 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 95.9798, compared to 91.1808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.7990 points.

H1 Avg (Jan–Jun) 95.9798
H2 Avg (Jul–Dec) 91.1808

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 5.0288 THB (High: 90.9678 / Low: 85.9391). On the other end, June was the most stable month, with a tight range of 1.4363 THB (High: 98.0437 / Low: 96.6075).

September Spread (Volatile) ±5.0288
June Spread (Stable) ±1.4363

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 3.9860 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.9860

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 97.5159) against the same month in 2023 (average: 90.7268), the exchange rate shifted by +6.7891 (+7.48%).

2024 Avg (April) 97.5159
2023 Avg (April) 90.7268

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 94.8835 90.9658 93.3196
February 95.8185 93.6999 95.1047
March 96.9649 93.8155 95.3849
April 98.6881 96.3246 97.5159
May 98.0785 95.8617 97.1463
June 98.0437 96.6075 97.4074
July 97.6739 94.1837 96.1431
August 94.5037 89.8747 92.1570
September 90.9678 85.9391 88.2950
October 89.7346 86.3595 88.5677
November 92.7773 88.9936 91.3162
December 91.8207 89.4076 90.6056