2024 MGA to THB Historical Review

YEARLY HIGH

0.0084 THB

YEARLY LOW

0.0071 THB

YEARLY AVERAGE

0.0078 THB

2024 MGA to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 0.0084. Conversely, the yearly low was recorded on September 27, dropping to 0.0071.

This high-to-low spread represents a total annual volatility of 0.0013 THB. From a start-to-finish perspective, comparing the January average rate of 0.0077 to the December average rate of 0.0073, the exchange rate registered a net change of -5.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0084 was up 2.48% compared to the 2023 peak of 0.0082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 42 THB

2023 Average 39 THB

Yearly Trough Low 36 THB

Transaction Impact: A difference of 6.58 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0085

0.0072

JanuMarcMayJulySeptNove

MGA 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 0.0081, compared to 0.0075 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) 0.0081

H2 Avg (Jul–Dec) 0.0075

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0005 THB (High: 0.0083 / Low: 0.0078). On the other end, June was the most stable month, with a tight range of 0.0002 THB (High: 0.0083 / Low: 0.0081).

March Spread (Volatile) ±0.0005

June Spread (Stable) ±0.0002

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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0084) against the same month in 2023 (average: 0.0078), the exchange rate shifted by +0.0006 (+7.11%).

2024 Avg (April) 0.0084

2023 Avg (April) 0.0078

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0079	0.0074	0.0077
February	0.0080	0.0078	0.0079
March	0.0083	0.0078	0.0080
April	0.0084	0.0083	0.0084
May	0.0083	0.0082	0.0083
June	0.0083	0.0081	0.0082
July	0.0082	0.0078	0.0080
August	0.0078	0.0074	0.0076
September	0.0075	0.0071	0.0073
October	0.0073	0.0072	0.0073
November	0.0075	0.0073	0.0074
December	0.0074	0.0072	0.0073