YEARLY HIGH
0.0723 TOP
YEARLY LOW
0.0637 TOP
YEARLY AVERAGE
0.0673 TOP

2024 THB to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0723. Conversely, the yearly low was recorded on June 9, dropping to 0.0637.

This high-to-low spread represents a total annual volatility of 0.0086 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0670 to the December average rate of 0.0701, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0723 was up 1.31% compared to the 2023 peak of 0.0713, 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 18,068 TOP
2023 Average 16,992 TOP
Yearly Trough Low 15,926 TOP
Transaction Impact: A difference of 2,142.12 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0714
0.0636
JanuMarcMayJulySeptNove

THB to TOP 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 0.0655, compared to 0.0691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0655
H2 Avg (Jul–Dec) 0.0691

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0040 TOP (High: 0.0723 / Low: 0.0683). On the other end, June was the most stable month, with a tight range of 0.0010 TOP (High: 0.0647 / Low: 0.0637).

September Spread (Volatile) ±0.0040
June Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0705) against the same month in 2023 (average: 0.0668), the exchange rate shifted by +0.0037 (+5.57%).

2024 Avg (September) 0.0705
2023 Avg (September) 0.0668

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0680 0.0662 0.0670
February 0.0669 0.0655 0.0661
March 0.0669 0.0649 0.0659
April 0.0655 0.0640 0.0649
May 0.0654 0.0641 0.0647
June 0.0647 0.0637 0.0643
July 0.0672 0.0642 0.0653
August 0.0695 0.0668 0.0681
September 0.0723 0.0683 0.0705
October 0.0717 0.0701 0.0708
November 0.0710 0.0684 0.0695
December 0.0710 0.0692 0.0701