YEARLY HIGH
0.0024 THB
YEARLY LOW
0.0004 THB
YEARLY AVERAGE
0.0007 THB

2024 LBP to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0024. Conversely, the yearly low was recorded on September 27, dropping to 0.0004.

This high-to-low spread represents a total annual volatility of 0.0020 THB. From a start-to-finish perspective, comparing the January average rate of 0.0023 to the December average rate of 0.0004, the exchange rate registered a net change of -83.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0024 was down 89.44% compared to the 2023 peak of 0.0228, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12 THB
2023 Average 21 THB
Yearly Trough Low 2 THB
Transaction Impact: A difference of 10.24 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0025
0.0002
JanuMarcMayJulySeptNove

LBP 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 0.0010, compared to 0.0004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0010
H2 Avg (Jul–Dec) 0.0004

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0020 THB (High: 0.0024 / Low: 0.0004). On the other end, June was the most stable month, with a tight range of 0.0000 THB (High: 0.0004 / Low: 0.0004).

February Spread (Volatile) ±0.0020
June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and November, 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 February and March, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0018) against the same month in 2023 (average: 0.0058), the exchange rate shifted by -0.0039 (-68.22%).

2024 Avg (February) 0.0018
2023 Avg (February) 0.0058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0024 0.0023 0.0023
February 0.0024 0.0004 0.0018
March 0.0004 0.0004 0.0004
April 0.0004 0.0004 0.0004
May 0.0004 0.0004 0.0004
June 0.0004 0.0004 0.0004
July 0.0004 0.0004 0.0004
August 0.0004 0.0004 0.0004
September 0.0004 0.0004 0.0004
October 0.0004 0.0004 0.0004
November 0.0004 0.0004 0.0004
December 0.0004 0.0004 0.0004