YEARLY HIGH
0.4455 THB
YEARLY LOW
0.3865 THB
YEARLY AVERAGE
0.4215 THB

2024 INR to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR 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 0.3865.

This high-to-low spread represents a total annual volatility of 0.0590 THB. From a start-to-finish perspective, comparing the January average rate of 0.4232 to the December average rate of 0.4018, the exchange rate registered a net change of -5.06% (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 250,000 INR based on timing:

Yearly Peak High 111,379 THB
2023 Average 105,264 THB
Yearly Trough Low 96,622 THB
Transaction Impact: A difference of 14,756.75 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4450
0.3926
JanuMarcMayJulySeptNove

INR 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 0.4346, compared to 0.4085 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) 0.4346
H2 Avg (Jul–Dec) 0.4085

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0219 THB (High: 0.4084 / Low: 0.3865). On the other end, June was the most stable month, with a tight range of 0.0060 THB (High: 0.4422 / Low: 0.4362).

September Spread (Volatile) ±0.0219
June Spread (Stable) ±0.0060

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 0.0196 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0196

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.4407) against the same month in 2023 (average: 0.4170), the exchange rate shifted by +0.0237 (+5.67%).

2024 Avg (April) 0.4407
2023 Avg (April) 0.4170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4304 0.4117 0.4232
February 0.4350 0.4259 0.4320
March 0.4372 0.4272 0.4327
April 0.4455 0.4343 0.4407
May 0.4434 0.4330 0.4391
June 0.4422 0.4362 0.4397
July 0.4410 0.4240 0.4334
August 0.4250 0.4041 0.4138
September 0.4084 0.3865 0.3970
October 0.4022 0.3881 0.3972
November 0.4140 0.3987 0.4079
December 0.4073 0.3973 0.4018