2024 THB to BGN Historical Review

YEARLY HIGH

0.0551 BGN

YEARLY LOW

0.0490 BGN

YEARLY AVERAGE

0.0513 BGN

2024 THB to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0551. Conversely, the yearly low was recorded on June 9, dropping to 0.0490.

This high-to-low spread represents a total annual volatility of 0.0062 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0510 to the December average rate of 0.0547, the exchange rate registered a net change of 7.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0551 was down 0.12% compared to the 2023 peak of 0.0552, 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 13,784 BGN

2023 Average 13,007 BGN

Yearly Trough Low 12,245 BGN

Transaction Impact: A difference of 1,538.91 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0552

0.0489

JanuMarcMayJulySeptNove

THB to BGN 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 0.0500, compared to 0.0526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0500

H2 Avg (Jul–Dec) 0.0526

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0025 BGN (High: 0.0541 / Low: 0.0517). On the other end, May was the most stable month, with a tight range of 0.0007 BGN (High: 0.0499 / Low: 0.0491).

September Spread (Volatile) ±0.0025

May Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0005 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0547) against the same month in 2023 (average: 0.0513), the exchange rate shifted by +0.0034 (+6.54%).

2024 Avg (December) 0.0547

2023 Avg (December) 0.0513

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0521	0.0502	0.0510
February	0.0511	0.0501	0.0506
March	0.0506	0.0495	0.0501
April	0.0505	0.0490	0.0496
May	0.0499	0.0491	0.0494
June	0.0499	0.0490	0.0495
July	0.0509	0.0494	0.0497
August	0.0520	0.0503	0.0511
September	0.0541	0.0517	0.0529
October	0.0544	0.0530	0.0538
November	0.0545	0.0529	0.0535
December	0.0551	0.0538	0.0547