2024 SRD to THB Historical Review

YEARLY HIGH

1.2522 THB

YEARLY LOW

0.9329 THB

YEARLY AVERAGE

1.0707 THB

2024 SRD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 1.2522. Conversely, the yearly low was recorded on January 2, dropping to 0.9329.

This high-to-low spread represents a total annual volatility of 0.3193 THB. From a start-to-finish perspective, comparing the January average rate of 0.9587 to the December average rate of 0.9698, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2522 was up 14.81% compared to the 2023 peak of 1.0907, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,261 THB

2023 Average 4,761 THB

Yearly Trough Low 4,665 THB

Transaction Impact: A difference of 1,596.28 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2467

0.9325

JanuMarcMayJulySeptNove

SRD 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 1.0543, compared to 1.0870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0326 points.

H1 Avg (Jan–Jun) 1.0543

H2 Avg (Jul–Dec) 1.0870

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.1329 THB (High: 1.1868 / Low: 1.0539). On the other end, December was the most stable month, with a tight range of 0.0286 THB (High: 0.9840 / Low: 0.9554).

September Spread (Volatile) ±0.1329

December Spread (Stable) ±0.0286

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0933 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0933

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 1.2205) against the same month in 2023 (average: 0.9115), the exchange rate shifted by +0.3090 (+33.90%).

2024 Avg (July) 1.2205

2023 Avg (July) 0.9115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9775	0.9329	0.9587
February	1.0181	0.9617	0.9917
March	1.0447	0.9982	1.0202
April	1.1002	1.0419	1.0621
May	1.1431	1.0905	1.1224
June	1.2042	1.1358	1.1710
July	1.2522	1.1920	1.2205
August	1.2380	1.1766	1.2053
September	1.1868	1.0539	1.1208
October	1.0795	0.9805	1.0275
November	0.9923	0.9609	0.9780
December	0.9840	0.9554	0.9698