2024 THB to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 THB to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the THB to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 30.2378. Conversely, the yearly low was recorded on January 24, dropping to 22.9955.
This high-to-low spread represents a total annual volatility of 7.2423 ARS. From a start-to-finish perspective, comparing the January average rate of 23.2495 to the December average rate of 29.8611, the exchange rate registered a net change of 28.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 30.2378 was up 28.16% compared to the 2023 peak of 23.5935, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
THB to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 23.7671, compared to 28.2798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.5127 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 2.0736 ARS (High: 29.8875 / Low: 27.8139). On the other end, February was the most stable month, with a tight range of 0.4465 ARS (High: 23.4805 / Low: 23.0340).
Growth Streaks & Declines
TrendsBetween April and October, 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 October and November, when the average rate fell by 0.2983 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 29.8611) against the same month in 2023 (average: 18.1613), the exchange rate shifted by +11.6999 (+64.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.6439 | 22.9955 | 23.2495 |
| February | 23.4805 | 23.0340 | 23.2706 |
| March | 23.9560 | 23.4714 | 23.6664 |
| April | 23.8683 | 23.4183 | 23.6077 |
| May | 24.5984 | 23.6023 | 24.1921 |
| June | 24.8178 | 24.3261 | 24.6162 |
| July | 26.2188 | 24.8349 | 25.4509 |
| August | 27.9999 | 26.1692 | 27.1106 |
| September | 29.8875 | 27.8139 | 28.8778 |
| October | 29.7930 | 29.0088 | 29.3382 |
| November | 29.6005 | 28.5734 | 29.0399 |
| December | 30.2378 | 29.3105 | 29.8611 |