YEARLY HIGH
0.2785 THB
YEARLY LOW
0.2417 THB
YEARLY AVERAGE
0.2635 THB

2024 NPR to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.2785. Conversely, the yearly low was recorded on September 27, dropping to 0.2417.

This high-to-low spread represents a total annual volatility of 0.0368 THB. From a start-to-finish perspective, comparing the January average rate of 0.2645 to the December average rate of 0.2513, the exchange rate registered a net change of -4.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2785 was down 0.08% compared to the 2023 peak of 0.2787, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,392 THB
2023 Average 1,316 THB
Yearly Trough Low 1,208 THB
Transaction Impact: A difference of 183.84 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2784
0.2453
JanuMarcMayJulySeptNove

NPR 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 0.2717, compared to 0.2554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 0.2717
H2 Avg (Jul–Dec) 0.2554

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0140 THB (High: 0.2690 / Low: 0.2550). On the other end, June was the most stable month, with a tight range of 0.0032 THB (High: 0.2762 / Low: 0.2730).

January Spread (Volatile) ±0.0140
June Spread (Stable) ±0.0032

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 0.0121 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2757) against the same month in 2023 (average: 0.2608), the exchange rate shifted by +0.0148 (+5.68%).

2024 Avg (April) 0.2757
2023 Avg (April) 0.2608

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2690 0.2550 0.2645
February 0.2719 0.2654 0.2699
March 0.2734 0.2674 0.2707
April 0.2785 0.2726 0.2757
May 0.2765 0.2708 0.2744
June 0.2762 0.2730 0.2749
July 0.2757 0.2653 0.2710
August 0.2660 0.2523 0.2588
September 0.2552 0.2417 0.2480
October 0.2518 0.2429 0.2481
November 0.2590 0.2492 0.2550
December 0.2547 0.2482 0.2513