2024 MDL to THB Historical Review

YEARLY HIGH

2.1072 THB

YEARLY LOW

1.8396 THB

YEARLY AVERAGE

1.9891 THB

2024 MDL to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 2.1072. Conversely, the yearly low was recorded on December 9, dropping to 1.8396.

This high-to-low spread represents a total annual volatility of 0.2676 THB. From a start-to-finish perspective, comparing the January average rate of 1.9960 to the December average rate of 1.8646, the exchange rate registered a net change of -6.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1072 was up 3.22% compared to the 2023 peak of 2.0415, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,536 THB

2023 Average 9,615 THB

Yearly Trough Low 9,198 THB

Transaction Impact: A difference of 1,337.91 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0948

1.8437

JanuMarcMayJulySeptNove

MDL 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 2.0440, compared to 1.9342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1098 points.

H1 Avg (Jan–Jun) 2.0440

H2 Avg (Jul–Dec) 1.9342

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.1155 THB (High: 1.9779 / Low: 1.8625). On the other end, June was the most stable month, with a tight range of 0.0420 THB (High: 2.0960 / Low: 2.0540).

September Spread (Volatile) ±0.1155

June Spread (Stable) ±0.0420

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 0.0708 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0708

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.0739) against the same month in 2023 (average: 1.8948), the exchange rate shifted by +0.1791 (+9.45%).

2024 Avg (April) 2.0739

2023 Avg (April) 1.8948

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0270	1.9678	1.9960
February	2.0367	1.9902	2.0137
March	2.0703	2.0052	2.0360
April	2.1072	2.0542	2.0739
May	2.0963	2.0431	2.0731
June	2.0960	2.0540	2.0716
July	2.0683	2.0135	2.0464
August	2.0153	1.9388	1.9850
September	1.9779	1.8625	1.9143
October	1.9157	1.8686	1.8878
November	1.9463	1.8768	1.9072
December	1.8911	1.8396	1.8646