YEARLY HIGH
0.0133 THB
YEARLY LOW
0.0113 THB
YEARLY AVERAGE
0.0125 THB

2024 CDF to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0133. Conversely, the yearly low was recorded on September 27, dropping to 0.0113.

This high-to-low spread represents a total annual volatility of 0.0020 THB. From a start-to-finish perspective, comparing the January average rate of 0.0129 to the December average rate of 0.0120, the exchange rate registered a net change of -7.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0133 was down 21.95% compared to the 2023 peak of 0.0171, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67 THB
2023 Average 75 THB
Yearly Trough Low 56 THB
Transaction Impact: A difference of 10.20 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0133
0.0115
JanuMarcMayJulySeptNove

CDF 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 0.0130, compared to 0.0120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0130
H2 Avg (Jul–Dec) 0.0120

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0008 THB (High: 0.0133 / Low: 0.0126). On the other end, February was the most stable month, with a tight range of 0.0003 THB (High: 0.0131 / Low: 0.0129).

January Spread (Volatile) ±0.0008
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0129) against the same month in 2023 (average: 0.0162), the exchange rate shifted by -0.0033 (-20.28%).

2024 Avg (January) 0.0129
2023 Avg (January) 0.0162

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0133 0.0126 0.0129
February 0.0131 0.0129 0.0130
March 0.0132 0.0128 0.0130
April 0.0133 0.0130 0.0132
May 0.0132 0.0129 0.0131
June 0.0131 0.0129 0.0130
July 0.0130 0.0124 0.0127
August 0.0125 0.0119 0.0122
September 0.0120 0.0113 0.0117
October 0.0119 0.0114 0.0117
November 0.0122 0.0118 0.0120
December 0.0122 0.0118 0.0120