2024 KES to THB Historical Review

YEARLY HIGH

0.2887 THB

YEARLY LOW

0.2171 THB

YEARLY AVERAGE

0.2630 THB

2024 KES to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.2887. Conversely, the yearly low was recorded on February 4, dropping to 0.2171.

This high-to-low spread represents a total annual volatility of 0.0716 THB. From a start-to-finish perspective, comparing the January average rate of 0.2201 to the December average rate of 0.2641, the exchange rate registered a net change of 19.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2887 was up 2.97% compared to the 2023 peak of 0.2804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,443 THB

2023 Average 1,247 THB

Yearly Trough Low 1,085 THB

Transaction Impact: A difference of 358.10 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2895

0.2138

JanuMarcMayJulySeptNove

KES 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 0.2598, compared to 0.2661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.2598

H2 Avg (Jul–Dec) 0.2661

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0354 THB (High: 0.2524 / Low: 0.2171). On the other end, January was the most stable month, with a tight range of 0.0054 THB (High: 0.2236 / Low: 0.2181).

February Spread (Volatile) ±0.0354

January Spread (Stable) ±0.0054

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 0.0121 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2800) against the same month in 2023 (average: 0.2544), the exchange rate shifted by +0.0256 (+10.07%).

2024 Avg (April) 0.2800

2023 Avg (April) 0.2544

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2236	0.2181	0.2201
February	0.2524	0.2171	0.2357
March	0.2756	0.2435	0.2617
April	0.2887	0.2756	0.2800
May	0.2820	0.2723	0.2783
June	0.2876	0.2795	0.2832
July	0.2861	0.2741	0.2808
August	0.2749	0.2626	0.2687
September	0.2660	0.2508	0.2580
October	0.2622	0.2524	0.2587
November	0.2701	0.2600	0.2662
December	0.2677	0.2603	0.2641