YEARLY HIGH
0.0043 THB
YEARLY LOW
0.0037 THB
YEARLY AVERAGE
0.0041 THB

2024 GNF to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0043. Conversely, the yearly low was recorded on September 27, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0006 THB. From a start-to-finish perspective, comparing the January average rate of 0.0041 to the December average rate of 0.0040, the exchange rate registered a net change of -3.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0043 was up 0.07% compared to the 2023 peak of 0.0043, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22 THB
2023 Average 20 THB
Yearly Trough Low 19 THB
Transaction Impact: A difference of 2.89 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0043
0.0038
JanuMarcMayJulySeptNove

GNF 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 0.0042, compared to 0.0040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0042
H2 Avg (Jul–Dec) 0.0040

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0002 THB (High: 0.0040 / Low: 0.0037). On the other end, June was the most stable month, with a tight range of 0.0001 THB (High: 0.0043 / Low: 0.0042).

September Spread (Volatile) ±0.0002
June Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0043) against the same month in 2023 (average: 0.0040), the exchange rate shifted by +0.0003 (+7.67%).

2024 Avg (April) 0.0043
2023 Avg (April) 0.0040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0042 0.0040 0.0041
February 0.0042 0.0041 0.0042
March 0.0043 0.0041 0.0042
April 0.0043 0.0042 0.0043
May 0.0043 0.0042 0.0043
June 0.0043 0.0042 0.0043
July 0.0043 0.0041 0.0042
August 0.0041 0.0039 0.0040
September 0.0040 0.0037 0.0038
October 0.0039 0.0038 0.0039
November 0.0041 0.0039 0.0040
December 0.0040 0.0039 0.0040