YEARLY HIGH
0.0618 BBD
YEARLY LOW
0.0538 BBD
YEARLY AVERAGE
0.0568 BBD

2024 THB to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0618. Conversely, the yearly low was recorded on April 30, dropping to 0.0538.

This high-to-low spread represents a total annual volatility of 0.0080 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0569 to the December average rate of 0.0586, the exchange rate registered a net change of 2.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0618 was up 0.89% compared to the 2023 peak of 0.0613, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 15,453 BBD
2023 Average 14,391 BBD
Yearly Trough Low 13,441 BBD
Transaction Impact: A difference of 2,012.44 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0607
0.0538
JanuMarcMayJulySeptNove

THB to BBD 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 0.0553, compared to 0.0583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0553
H2 Avg (Jul–Dec) 0.0583

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0035 BBD (High: 0.0618 / Low: 0.0583). On the other end, June was the most stable month, with a tight range of 0.0008 BBD (High: 0.0549 / Low: 0.0541).

September Spread (Volatile) ±0.0035
June Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0601) against the same month in 2023 (average: 0.0559), the exchange rate shifted by +0.0043 (+7.66%).

2024 Avg (September) 0.0601
2023 Avg (September) 0.0559

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0583 0.0559 0.0569
February 0.0566 0.0554 0.0558
March 0.0566 0.0549 0.0557
April 0.0551 0.0538 0.0544
May 0.0554 0.0541 0.0546
June 0.0549 0.0541 0.0545
July 0.0563 0.0543 0.0552
August 0.0590 0.0562 0.0576
September 0.0618 0.0583 0.0601
October 0.0614 0.0591 0.0599
November 0.0596 0.0572 0.0581
December 0.0593 0.0578 0.0586