2024 THB to AZN Historical Review

YEARLY HIGH

0.0525 AZN

YEARLY LOW

0.0457 AZN

YEARLY AVERAGE

0.0483 AZN

2024 THB to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0525. Conversely, the yearly low was recorded on April 30, dropping to 0.0457.

This high-to-low spread represents a total annual volatility of 0.0068 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0483 to the December average rate of 0.0498, the exchange rate registered a net change of 2.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0525 was up 0.89% compared to the 2023 peak of 0.0521, 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 13,135 AZN

2023 Average 12,233 AZN

Yearly Trough Low 11,425 AZN

Transaction Impact: A difference of 1,710.57 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0516

0.0458

JanuMarcMayJulySeptNove

THB to AZN 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 0.0470, compared to 0.0495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0470

H2 Avg (Jul–Dec) 0.0495

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0030 AZN (High: 0.0525 / Low: 0.0496). On the other end, June was the most stable month, with a tight range of 0.0007 AZN (High: 0.0467 / Low: 0.0460).

September Spread (Volatile) ±0.0030

June Spread (Stable) ±0.0007

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 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0511) against the same month in 2023 (average: 0.0475), the exchange rate shifted by +0.0036 (+7.66%).

2024 Avg (September) 0.0511

2023 Avg (September) 0.0475

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0496	0.0475	0.0483
February	0.0481	0.0471	0.0474
March	0.0481	0.0466	0.0473
April	0.0470	0.0457	0.0463
May	0.0471	0.0460	0.0464
June	0.0467	0.0460	0.0463
July	0.0479	0.0462	0.0469
August	0.0502	0.0477	0.0490
September	0.0525	0.0496	0.0511
October	0.0522	0.0503	0.0509
November	0.0507	0.0486	0.0494
December	0.0504	0.0491	0.0498