2024 THB to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 THB to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the THB to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 89.5271. Conversely, the yearly low was recorded on April 30, dropping to 77.1121.
This high-to-low spread represents a total annual volatility of 12.4150 BIF. From a start-to-finish perspective, comparing the January average rate of 81.1370 to the December average rate of 86.3072, the exchange rate registered a net change of 6.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 89.5271 was up 7.36% compared to the 2023 peak of 83.3874, 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 BIF 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 79.2091, compared to 84.6225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.4134 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 5.4367 BIF (High: 89.5271 / Low: 84.0904). On the other end, June was the most stable month, with a tight range of 0.9454 BIF (High: 78.8693 / Low: 77.9239).
Growth Streaks & Declines
TrendsBetween 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 2.1425 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 87.0213) against the same month in 2023 (average: 79.2073), the exchange rate shifted by +7.8140 (+9.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 83.1971 | 79.8244 | 81.1370 |
| February | 81.0798 | 79.0493 | 79.7850 |
| March | 81.0531 | 78.2816 | 79.6065 |
| April | 78.9394 | 77.1121 | 77.9557 |
| May | 79.5801 | 77.5616 | 78.4073 |
| June | 78.8693 | 77.9239 | 78.3631 |
| July | 81.1048 | 78.1588 | 79.4643 |
| August | 85.1883 | 80.8868 | 83.0161 |
| September | 89.5271 | 84.0904 | 87.0213 |
| October | 89.1567 | 85.8552 | 87.0344 |
| November | 86.5502 | 82.8567 | 84.8919 |
| December | 87.6249 | 84.8994 | 86.3072 |