YEARLY HIGH
0.0648 THB
YEARLY LOW
0.0538 THB
YEARLY AVERAGE
0.0590 THB

2024 SDG to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0648. Conversely, the yearly low was recorded on September 27, dropping to 0.0538.

This high-to-low spread represents a total annual volatility of 0.0110 THB. From a start-to-finish perspective, comparing the January average rate of 0.0585 to the December average rate of 0.0568, the exchange rate registered a net change of -2.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0648 was up 0.57% compared to the 2023 peak of 0.0645, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 324 THB
2023 Average 292 THB
Yearly Trough Low 269 THB
Transaction Impact: A difference of 55.14 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0634
0.0546
JanuMarcMayJulySeptNove

SDG 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 0.0607, compared to 0.0572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0607
H2 Avg (Jul–Dec) 0.0572

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0048 THB (High: 0.0648 / Low: 0.0600). On the other end, February was the most stable month, with a tight range of 0.0013 THB (High: 0.0601 / Low: 0.0588).

May Spread (Volatile) ±0.0048
February Spread (Stable) ±0.0013

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 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0611) against the same month in 2023 (average: 0.0570), the exchange rate shifted by +0.0042 (+7.32%).

2024 Avg (May) 0.0611
2023 Avg (May) 0.0570

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0595 0.0570 0.0585
February 0.0601 0.0588 0.0597
March 0.0622 0.0588 0.0605
April 0.0635 0.0610 0.0627
May 0.0648 0.0600 0.0611
June 0.0630 0.0609 0.0619
July 0.0620 0.0590 0.0609
August 0.0592 0.0563 0.0577
September 0.0570 0.0538 0.0553
October 0.0562 0.0541 0.0555
November 0.0581 0.0558 0.0572
December 0.0575 0.0561 0.0568