YEARLY HIGH
2.7534 THB
YEARLY LOW
2.2116 THB
YEARLY AVERAGE
2.5809 THB

2024 SCR to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 2.7534. Conversely, the yearly low was recorded on October 14, dropping to 2.2116.

This high-to-low spread represents a total annual volatility of 0.5418 THB. From a start-to-finish perspective, comparing the January average rate of 2.6289 to the December average rate of 2.4214, the exchange rate registered a net change of -7.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7534 was down 4.74% compared to the 2023 peak of 2.8904, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,767 THB
2023 Average 12,946 THB
Yearly Trough Low 11,058 THB
Transaction Impact: A difference of 2,709.13 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7333
2.3930
JanuMarcMayJulySeptNove

SCR 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 2.6634, compared to 2.4984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1651 points.

H1 Avg (Jan–Jun) 2.6634
H2 Avg (Jul–Dec) 2.4984

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.3437 THB (High: 2.5553 / Low: 2.2116). On the other end, May was the most stable month, with a tight range of 0.1329 THB (High: 2.7534 / Low: 2.6205).

October Spread (Volatile) ±0.3437
May Spread (Stable) ±0.1329

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0976 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0976

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 2.6805) against the same month in 2023 (average: 2.5327), the exchange rate shifted by +0.1477 (+5.83%).

2024 Avg (May) 2.6805
2023 Avg (May) 2.5327

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7258 2.4878 2.6289
February 2.7372 2.6022 2.6636
March 2.7064 2.5105 2.6446
April 2.7337 2.5677 2.7050
May 2.7534 2.6205 2.6805
June 2.7041 2.5012 2.6580
July 2.7252 2.5717 2.6263
August 2.6777 2.3517 2.5287
September 2.5531 2.3490 2.4739
October 2.5553 2.2116 2.4362
November 2.5811 2.3960 2.5036
December 2.5937 2.2591 2.4214