2024 CVE to THB Historical Review

YEARLY HIGH

0.3625 THB

YEARLY LOW

0.3219 THB

YEARLY AVERAGE

0.3457 THB

2024 CVE to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.3625. Conversely, the yearly low was recorded on December 10, dropping to 0.3219.

This high-to-low spread represents a total annual volatility of 0.0407 THB. From a start-to-finish perspective, comparing the January average rate of 0.3478 to the December average rate of 0.3246, the exchange rate registered a net change of -6.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3625 was up 2.14% compared to the 2023 peak of 0.3549, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,813 THB

2023 Average 1,703 THB

Yearly Trough Low 1,609 THB

Transaction Impact: A difference of 203.33 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3617

0.3212

JanuMarcMayJulySeptNove

CVE 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 0.3544, compared to 0.3371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0173 points.

H1 Avg (Jan–Jun) 0.3544

H2 Avg (Jul–Dec) 0.3371

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0170 THB (High: 0.3430 / Low: 0.3260). On the other end, May was the most stable month, with a tight range of 0.0071 THB (High: 0.3618 / Low: 0.3547).

September Spread (Volatile) ±0.0170

May Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0112 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.3579) against the same month in 2023 (average: 0.3417), the exchange rate shifted by +0.0162 (+4.73%).

2024 Avg (June) 0.3579

2023 Avg (June) 0.3417

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3530	0.3413	0.3478
February	0.3536	0.3457	0.3505
March	0.3594	0.3493	0.3539
April	0.3618	0.3539	0.3578
May	0.3618	0.3547	0.3583
June	0.3625	0.3544	0.3579
July	0.3591	0.3480	0.3562
August	0.3527	0.3401	0.3460
September	0.3430	0.3260	0.3347
October	0.3338	0.3251	0.3295
November	0.3392	0.3251	0.3317
December	0.3294	0.3219	0.3246