2024 LRD to THB Historical Review

YEARLY HIGH

0.1956 THB

YEARLY LOW

0.1644 THB

YEARLY AVERAGE

0.1843 THB

2024 LRD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.1956. Conversely, the yearly low was recorded on September 20, dropping to 0.1644.

This high-to-low spread represents a total annual volatility of 0.0312 THB. From a start-to-finish perspective, comparing the January average rate of 0.1860 to the December average rate of 0.1891, the exchange rate registered a net change of 1.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1956 was down 13.97% compared to the 2023 peak of 0.2273, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 978 THB

2023 Average 999 THB

Yearly Trough Low 822 THB

Transaction Impact: A difference of 155.94 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1928

0.1680

JanuMarcMayJulySeptNove

LRD 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 0.1883, compared to 0.1803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.1883

H2 Avg (Jul–Dec) 0.1803

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0180 THB (High: 0.1932 / Low: 0.1752). On the other end, June was the most stable month, with a tight range of 0.0024 THB (High: 0.1902 / Low: 0.1877).

November Spread (Volatile) ±0.0180

June Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between September and December, 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 0.0084 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1907) against the same month in 2023 (average: 0.2095), the exchange rate shifted by -0.0188 (-8.97%).

2024 Avg (April) 0.1907

2023 Avg (April) 0.2095

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1887	0.1819	0.1860
February	0.1896	0.1859	0.1882
March	0.1892	0.1837	0.1868
April	0.1956	0.1882	0.1907
May	0.1912	0.1864	0.1891
June	0.1902	0.1877	0.1891
July	0.1893	0.1817	0.1859
August	0.1822	0.1737	0.1775
September	0.1758	0.1644	0.1701
October	0.1762	0.1680	0.1732
November	0.1932	0.1752	0.1861
December	0.1927	0.1867	0.1891