2024 THB to AFN Historical Review

YEARLY HIGH

2.1232 AFN

YEARLY LOW

1.8958 AFN

YEARLY AVERAGE

2.0008 AFN

2024 THB to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 2.1232. Conversely, the yearly low was recorded on June 9, dropping to 1.8958.

This high-to-low spread represents a total annual volatility of 0.2274 AFN. From a start-to-finish perspective, comparing the January average rate of 2.0337 to the December average rate of 2.0328, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1232 was down 22.70% compared to the 2023 peak of 2.7467, 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 530,798 AFN

2023 Average 595,916 AFN

Yearly Trough Low 473,960 AFN

Transaction Impact: A difference of 56,837.80 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1064

1.9047

JanuMarcMayJulySeptNove

THB to AFN 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 1.9861, compared to 2.0155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0294 points.

H1 Avg (Jan–Jun) 1.9861

H2 Avg (Jul–Dec) 2.0155

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1307 AFN (High: 2.0827 / Low: 1.9520). On the other end, April was the most stable month, with a tight range of 0.0553 AFN (High: 1.9804 / Low: 1.9251).

October Spread (Volatile) ±0.1307

April Spread (Stable) ±0.0553

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 September and October, when the average rate fell by 0.0795 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0795

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.0414) against the same month in 2023 (average: 2.6326), the exchange rate shifted by -0.5912 (-22.46%).

2024 Avg (February) 2.0414

2023 Avg (February) 2.6326

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0896	1.9984	2.0337
February	2.1232	2.0179	2.0414
March	2.0508	1.9588	2.0086
April	1.9804	1.9251	1.9529
May	1.9910	1.9215	1.9582
June	1.9555	1.8958	1.9215
July	1.9873	1.9264	1.9533
August	2.0962	1.9713	2.0404
September	2.1130	2.0555	2.0896
October	2.0827	1.9520	2.0101
November	2.0018	1.9159	1.9668
December	2.0707	1.9705	2.0328