2024 RON to THB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RON to THB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RON to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 8.0258. Conversely, the yearly low was recorded on December 29, dropping to 7.1359.
This high-to-low spread represents a total annual volatility of 0.8900 THB. From a start-to-finish perspective, comparing the January average rate of 7.7128 to the December average rate of 7.1897, the exchange rate registered a net change of -6.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 8.0258 was up 1.80% compared to the 2023 peak of 7.8839, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RON 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 7.8602, compared to 7.4777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3825 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 0.3633 THB (High: 7.6168 / Low: 7.2535). On the other end, May was the most stable month, with a tight range of 0.1072 THB (High: 7.9929 / Low: 7.8857).
Growth Streaks & Declines
TrendsBetween 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 0.2580 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 7.9232) against the same month in 2023 (average: 7.5886), the exchange rate shifted by +0.3346 (+4.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.8196 | 7.5458 | 7.7128 |
| February | 7.8474 | 7.6870 | 7.7773 |
| March | 7.9342 | 7.7868 | 7.8574 |
| April | 8.0258 | 7.7705 | 7.9232 |
| May | 7.9929 | 7.8857 | 7.9539 |
| June | 8.0256 | 7.8725 | 7.9364 |
| July | 7.9610 | 7.7226 | 7.9064 |
| August | 7.8194 | 7.5496 | 7.6861 |
| September | 7.6168 | 7.2535 | 7.4281 |
| October | 7.4066 | 7.2269 | 7.3102 |
| November | 7.4332 | 7.2057 | 7.3458 |
| December | 7.2967 | 7.1359 | 7.1897 |