YEARLY HIGH
0.4303 THB
YEARLY LOW
0.3843 THB
YEARLY AVERAGE
0.4047 THB

2024 KGS to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 0.4303. Conversely, the yearly low was recorded on September 27, dropping to 0.3843.

This high-to-low spread represents a total annual volatility of 0.0461 THB. From a start-to-finish perspective, comparing the January average rate of 0.3941 to the December average rate of 0.3930, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4303 was up 2.86% compared to the 2023 peak of 0.4184, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,152 THB
2023 Average 1,979 THB
Yearly Trough Low 1,921 THB
Transaction Impact: A difference of 230.37 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4295
0.3878
JanuMarcMayJulySeptNove

KGS 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 0.4076, compared to 0.4018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.4076
H2 Avg (Jul–Dec) 0.4018

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0274 THB (High: 0.4235 / Low: 0.3962). On the other end, July was the most stable month, with a tight range of 0.0079 THB (High: 0.4303 / Low: 0.4224).

August Spread (Volatile) ±0.0274
July Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0185 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.4260) against the same month in 2023 (average: 0.3947), the exchange rate shifted by +0.0313 (+7.93%).

2024 Avg (July) 0.4260
2023 Avg (July) 0.3947

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4004 0.3848 0.3941
February 0.4039 0.3955 0.4009
March 0.4075 0.3953 0.4017
April 0.4195 0.4075 0.4127
May 0.4199 0.4089 0.4148
June 0.4274 0.4171 0.4215
July 0.4303 0.4224 0.4260
August 0.4235 0.3962 0.4076
September 0.4052 0.3843 0.3945
October 0.3953 0.3864 0.3913
November 0.4057 0.3892 0.3986
December 0.3978 0.3885 0.3930