2024 KWD to THB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 KWD to THB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the KWD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 120.7083. Conversely, the yearly low was recorded on September 27, dropping to 106.0803.
This high-to-low spread represents a total annual volatility of 14.6280 THB. From a start-to-finish perspective, comparing the January average rate of 114.3595 to the December average rate of 110.9920, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 120.7083 was up 0.57% compared to the 2023 peak of 120.0293, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
KWD to THB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 117.6666, compared to 112.1686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.4980 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 6.1180 THB (High: 112.1982 / Low: 106.0803). On the other end, June was the most stable month, with a tight range of 1.6624 THB (High: 120.4862 / Low: 118.8238).
Growth Streaks & Declines
TrendsBetween 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 4.8644 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 119.3911) against the same month in 2023 (average: 111.5414), the exchange rate shifted by +7.8497 (+7.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 116.2576 | 111.5036 | 114.3595 |
| February | 117.2808 | 114.8682 | 116.4536 |
| March | 118.6071 | 115.1267 | 116.9042 |
| April | 120.7083 | 117.9364 | 119.3911 |
| May | 120.2151 | 117.6893 | 119.1625 |
| June | 120.4862 | 118.8238 | 119.7286 |
| July | 120.1097 | 116.1874 | 118.4592 |
| August | 116.4533 | 110.9097 | 113.5949 |
| September | 112.1982 | 106.0803 | 108.9894 |
| October | 110.3239 | 106.5418 | 108.9435 |
| November | 113.6829 | 109.5177 | 112.0327 |
| December | 112.3847 | 109.6464 | 110.9920 |