2024 KRW to THB Historical Review

YEARLY HIGH

0.0272 THB

YEARLY LOW

0.0231 THB

YEARLY AVERAGE

0.0259 THB

2024 KRW to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0272. Conversely, the yearly low was recorded on December 29, dropping to 0.0231.

This high-to-low spread represents a total annual volatility of 0.0041 THB. From a start-to-finish perspective, comparing the January average rate of 0.0266 to the December average rate of 0.0237, the exchange rate registered a net change of -10.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0272 was down 0.87% compared to the 2023 peak of 0.0275, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 136,226 THB

2023 Average 133,102 THB

Yearly Trough Low 115,553 THB

Transaction Impact: A difference of 20,673.13 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0273

0.0234

JanuMarcMayJulySeptNove

KRW 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 0.0268, compared to 0.0250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0268

H2 Avg (Jul–Dec) 0.0250

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0015 THB (High: 0.0246 / Low: 0.0231). On the other end, June was the most stable month, with a tight range of 0.0004 THB (High: 0.0268 / Low: 0.0264).

December Spread (Volatile) ±0.0015

June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0270) against the same month in 2023 (average: 0.0264), the exchange rate shifted by +0.0006 (+2.28%).

2024 Avg (March) 0.0270

2023 Avg (March) 0.0264

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0269	0.0261	0.0266
February	0.0272	0.0265	0.0269
March	0.0272	0.0268	0.0270
April	0.0272	0.0263	0.0268
May	0.0272	0.0265	0.0268
June	0.0268	0.0264	0.0266
July	0.0266	0.0259	0.0262
August	0.0260	0.0254	0.0257
September	0.0256	0.0245	0.0250
October	0.0250	0.0242	0.0245
November	0.0249	0.0243	0.0247
December	0.0246	0.0231	0.0237