YEARLY HIGH
0.4455 THB
YEARLY LOW
0.3867 THB
YEARLY AVERAGE
0.4217 THB

2024 BTN to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.4455. Conversely, the yearly low was recorded on September 27, dropping to 0.3867.

This high-to-low spread represents a total annual volatility of 0.0588 THB. From a start-to-finish perspective, comparing the January average rate of 0.4233 to the December average rate of 0.4021, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4455 was down 0.09% compared to the 2023 peak of 0.4459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,228 THB
2023 Average 2,106 THB
Yearly Trough Low 1,934 THB
Transaction Impact: A difference of 294.14 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4455
0.3925
JanuMarcMayJulySeptNove

BTN 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 0.4347, compared to 0.4086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0261 points.

H1 Avg (Jan–Jun) 0.4347
H2 Avg (Jul–Dec) 0.4086

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0224 THB (High: 0.4303 / Low: 0.4080). On the other end, June was the most stable month, with a tight range of 0.0052 THB (High: 0.4420 / Low: 0.4368).

January Spread (Volatile) ±0.0224
June Spread (Stable) ±0.0052

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 0.0194 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.4410) against the same month in 2023 (average: 0.4173), the exchange rate shifted by +0.0237 (+5.68%).

2024 Avg (April) 0.4410
2023 Avg (April) 0.4173

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4303 0.4080 0.4233
February 0.4351 0.4255 0.4319
March 0.4375 0.4278 0.4331
April 0.4455 0.4362 0.4410
May 0.4425 0.4333 0.4392
June 0.4420 0.4368 0.4397
July 0.4411 0.4244 0.4335
August 0.4257 0.4036 0.4141
September 0.4084 0.3867 0.3969
October 0.4028 0.3887 0.3970
November 0.4144 0.3987 0.4080
December 0.4076 0.3972 0.4021