YEARLY HIGH
37.2000 THB
YEARLY LOW
32.3555 THB
YEARLY AVERAGE
35.2652 THB

2024 BMD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 37.2000. Conversely, the yearly low was recorded on September 27, dropping to 32.3555.

This high-to-low spread represents a total annual volatility of 4.8445 THB. From a start-to-finish perspective, comparing the January average rate of 35.1734 to the December average rate of 34.1547, 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 37.2000 was up 0.23% compared to the 2023 peak of 37.1141, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 186,000 THB
2023 Average 173,849 THB
Yearly Trough Low 161,778 THB
Transaction Impact: A difference of 24,222.26 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

37.1088
32.9168
JanuMarcMayJulySeptNove

BMD 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 36.1713, compared to 34.3591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8122 points.

H1 Avg (Jan–Jun) 36.1713
H2 Avg (Jul–Dec) 34.3591

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 1.9260 THB (High: 34.2815 / Low: 32.3555). On the other end, June was the most stable month, with a tight range of 0.5491 THB (High: 36.9591 / Low: 36.4100).

September Spread (Volatile) ±1.9260
June Spread (Stable) ±0.5491

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 1.5200 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.5200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 36.7594) against the same month in 2023 (average: 34.1760), the exchange rate shifted by +2.5834 (+7.56%).

2024 Avg (April) 36.7594
2023 Avg (April) 34.1760

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.7655 34.2800 35.1734
February 36.1165 35.3245 35.8450
March 36.4600 35.3519 35.9402
April 37.2000 36.3139 36.7594
May 36.9800 36.0700 36.6038
June 36.9591 36.4100 36.7058
July 36.8135 35.5000 36.2297
August 35.6120 33.8707 34.7098
September 34.2815 32.3555 33.2661
October 33.8200 32.5500 33.3805
November 34.9700 33.5400 34.4138
December 34.6065 33.7200 34.1547