2024 BWP to THB Historical Review

YEARLY HIGH

2.7274 THB

YEARLY LOW

2.4460 THB

YEARLY AVERAGE

2.6005 THB

2024 BWP to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 2.7274. Conversely, the yearly low was recorded on December 29, dropping to 2.4460.

This high-to-low spread represents a total annual volatility of 0.2814 THB. From a start-to-finish perspective, comparing the January average rate of 2.5899 to the December average rate of 2.4903, the exchange rate registered a net change of -3.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7274 was up 0.55% compared to the 2023 peak of 2.7126, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,637 THB

2023 Average 13,017 THB

Yearly Trough Low 12,230 THB

Transaction Impact: A difference of 1,407.14 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7140

2.4700

JanuMarcMayJulySeptNove

BWP 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 2.6489, compared to 2.5521 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0968 points.

H1 Avg (Jan–Jun) 2.6489

H2 Avg (Jul–Dec) 2.5521

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1120 THB (High: 2.7156 / Low: 2.6036). On the other end, February was the most stable month, with a tight range of 0.0474 THB (High: 2.6417 / Low: 2.5943).

May Spread (Volatile) ±0.1120

February Spread (Stable) ±0.0474

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0868 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0868

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 2.6937) against the same month in 2023 (average: 2.5940), the exchange rate shifted by +0.0996 (+3.84%).

2024 Avg (June) 2.6937

2023 Avg (June) 2.5940

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6292	2.5399	2.5899
February	2.6417	2.5943	2.6149
March	2.6648	2.6002	2.6307
April	2.7052	2.6197	2.6733
May	2.7156	2.6036	2.6909
June	2.7274	2.6473	2.6937
July	2.7236	2.6244	2.6742
August	2.6338	2.5343	2.5874
September	2.5668	2.4754	2.5119
October	2.5333	2.4805	2.5074
November	2.5771	2.5181	2.5414
December	2.5348	2.4460	2.4903