2024 GMD to THB Historical Review

YEARLY HIGH

0.5489 THB

YEARLY LOW

0.4630 THB

YEARLY AVERAGE

0.5130 THB

2024 GMD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.5489. Conversely, the yearly low was recorded on September 30, dropping to 0.4630.

This high-to-low spread represents a total annual volatility of 0.0859 THB. From a start-to-finish perspective, comparing the January average rate of 0.5227 to the December average rate of 0.4756, the exchange rate registered a net change of -9.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5489 was down 8.25% compared to the 2023 peak of 0.5982, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,744 THB

2023 Average 2,794 THB

Yearly Trough Low 2,315 THB

Transaction Impact: A difference of 429.37 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5483

0.4690

JanuMarcMayJulySeptNove

GMD 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 0.5342, compared to 0.4918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0424 points.

H1 Avg (Jan–Jun) 0.5342

H2 Avg (Jul–Dec) 0.4918

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0379 THB (High: 0.5158 / Low: 0.4779). On the other end, June was the most stable month, with a tight range of 0.0083 THB (High: 0.5455 / Low: 0.5372).

August Spread (Volatile) ±0.0379

June Spread (Stable) ±0.0083

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 0.0371 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.5414) against the same month in 2023 (average: 0.5527), the exchange rate shifted by -0.0112 (-2.03%).

2024 Avg (April) 0.5414

2023 Avg (April) 0.5527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5308	0.5099	0.5227
February	0.5341	0.5241	0.5302
March	0.5368	0.5205	0.5291
April	0.5489	0.5351	0.5414
May	0.5458	0.5312	0.5401
June	0.5455	0.5372	0.5417
July	0.5434	0.5108	0.5341
August	0.5158	0.4779	0.4971
September	0.4896	0.4630	0.4782
October	0.4976	0.4683	0.4819
November	0.4925	0.4691	0.4837
December	0.4861	0.4683	0.4756