YEARLY HIGH
9.3596 THB
YEARLY LOW
7.4642 THB
YEARLY AVERAGE
8.8582 THB

2024 PLN to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 9.3596. Conversely, the yearly low was recorded on January 1, dropping to 7.4642.

This high-to-low spread represents a total annual volatility of 1.8955 THB. From a start-to-finish perspective, comparing the January average rate of 8.7566 to the December average rate of 8.3775, the exchange rate registered a net change of -4.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 9.3596 was up 5.05% compared to the 2023 peak of 8.9095, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 187,193 THB
2023 Average 165,897 THB
Yearly Trough Low 149,283 THB
Transaction Impact: A difference of 37,909.60 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9.3268
8.2912
JanuMarcMayJulySeptNove

PLN 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 9.0520, compared to 8.6644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3876 points.

H1 Avg (Jan–Jun) 9.0520
H2 Avg (Jul–Dec) 8.6644

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.4248 THB (High: 8.8890 / Low: 7.4642). On the other end, December was the most stable month, with a tight range of 0.1494 THB (High: 8.4595 / Low: 8.3101).

January Spread (Volatile) ±1.4248
December Spread (Stable) ±0.1494

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2771 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2771

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 9.1582) against the same month in 2023 (average: 8.0779), the exchange rate shifted by +1.0803 (+13.37%).

2024 Avg (April) 9.1582
2023 Avg (April) 8.0779

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.8890 7.4642 8.7566
February 9.0485 8.7977 8.9465
March 9.1622 8.9809 9.0691
April 9.3596 8.9270 9.1582
May 9.3434 9.1136 9.2405
June 9.3452 8.9497 9.1413
July 9.2681 8.9570 9.1846
August 9.0425 8.7706 8.9175
September 8.8587 8.4266 8.6404
October 8.5669 8.3443 8.4256
November 8.5150 8.2774 8.4408
December 8.4595 8.3101 8.3775