2024 NZD to THB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NZD to THB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NZD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 22.6751. Conversely, the yearly low was recorded on December 26, dropping to 19.1818.
This high-to-low spread represents a total annual volatility of 3.4933 THB. From a start-to-finish perspective, comparing the January average rate of 21.7147 to the December average rate of 19.5989, the exchange rate registered a net change of -9.74% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 22.6751 was up 1.84% compared to the 2023 peak of 22.2661, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NZD to THB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.0220, compared to 20.6494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3727 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 1.2928 THB (High: 22.4208 / Low: 21.1280). On the other end, March was the most stable month, with a tight range of 0.3005 THB (High: 21.9825 / Low: 21.6821).
Growth Streaks & Declines
TrendsBetween March and June, 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 0.7404 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 22.5149) against the same month in 2023 (average: 21.3921), the exchange rate shifted by +1.1228 (+5.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.8566 | 21.4250 | 21.7147 |
| February | 22.2586 | 21.4874 | 21.9667 |
| March | 21.9825 | 21.6821 | 21.8328 |
| April | 22.1512 | 21.5813 | 21.8843 |
| May | 22.5685 | 21.9406 | 22.2189 |
| June | 22.6751 | 22.3505 | 22.5149 |
| July | 22.4208 | 21.1280 | 21.8589 |
| August | 21.3297 | 20.9348 | 21.1185 |
| September | 21.2926 | 20.4371 | 20.7100 |
| October | 20.5901 | 20.0927 | 20.2805 |
| November | 20.6347 | 19.9182 | 20.3292 |
| December | 20.3055 | 19.1818 | 19.5989 |