YEARLY HIGH
0.0130 THB
YEARLY LOW
0.0112 THB
YEARLY AVERAGE
0.0122 THB

2024 BIF to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0130. Conversely, the yearly low was recorded on September 26, dropping to 0.0112.

This high-to-low spread represents a total annual volatility of 0.0018 THB. From a start-to-finish perspective, comparing the January average rate of 0.0123 to the December average rate of 0.0116, the exchange rate registered a net change of -6.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0130 was down 23.80% compared to the 2023 peak of 0.0170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65 THB
2023 Average 70 THB
Yearly Trough Low 56 THB
Transaction Impact: A difference of 8.99 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0130
0.0114
JanuMarcMayJulySeptNove

BIF 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 0.0126, compared to 0.0118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0126
H2 Avg (Jul–Dec) 0.0118

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0007 THB (High: 0.0119 / Low: 0.0112). On the other end, June was the most stable month, with a tight range of 0.0002 THB (High: 0.0128 / Low: 0.0127).

September Spread (Volatile) ±0.0007
June Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0128) against the same month in 2023 (average: 0.0164), the exchange rate shifted by -0.0036 (-21.95%).

2024 Avg (April) 0.0128
2023 Avg (April) 0.0164

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0125 0.0120 0.0123
February 0.0127 0.0123 0.0125
March 0.0128 0.0123 0.0126
April 0.0130 0.0127 0.0128
May 0.0129 0.0126 0.0128
June 0.0128 0.0127 0.0128
July 0.0128 0.0123 0.0126
August 0.0124 0.0117 0.0120
September 0.0119 0.0112 0.0115
October 0.0116 0.0112 0.0115
November 0.0121 0.0116 0.0118
December 0.0118 0.0114 0.0116