YEARLY HIGH
0.0740 THB
YEARLY LOW
0.0623 THB
YEARLY AVERAGE
0.0684 THB

2024 CRC to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 0.0740. Conversely, the yearly low was recorded on September 26, dropping to 0.0623.

This high-to-low spread represents a total annual volatility of 0.0118 THB. From a start-to-finish perspective, comparing the January average rate of 0.0680 to the December average rate of 0.0675, the exchange rate registered a net change of -0.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0740 was up 6.43% compared to the 2023 peak of 0.0695, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 370 THB
2023 Average 321 THB
Yearly Trough Low 311 THB
Transaction Impact: A difference of 58.79 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0738
0.0631
JanuMarcMayJulySeptNove

CRC 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 0.0704, compared to 0.0664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0704
H2 Avg (Jul–Dec) 0.0664

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0041 THB (High: 0.0663 / Low: 0.0623). On the other end, June was the most stable month, with a tight range of 0.0017 THB (High: 0.0707 / Low: 0.0690).

September Spread (Volatile) ±0.0041
June Spread (Stable) ±0.0017

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 0.0026 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0729) against the same month in 2023 (average: 0.0638), the exchange rate shifted by +0.0091 (+14.29%).

2024 Avg (April) 0.0729
2023 Avg (April) 0.0638

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0697 0.0659 0.0680
February 0.0702 0.0682 0.0695
March 0.0725 0.0691 0.0707
April 0.0740 0.0715 0.0729
May 0.0725 0.0704 0.0714
June 0.0707 0.0690 0.0699
July 0.0702 0.0670 0.0688
August 0.0681 0.0643 0.0662
September 0.0663 0.0623 0.0640
October 0.0660 0.0628 0.0647
November 0.0685 0.0656 0.0674
December 0.0688 0.0668 0.0675