YEARLY HIGH
0.2139 BOB
YEARLY LOW
0.1858 BOB
YEARLY AVERAGE
0.1963 BOB

2024 THB to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.2139. Conversely, the yearly low was recorded on April 30, dropping to 0.1858.

This high-to-low spread represents a total annual volatility of 0.0281 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1965 to the December average rate of 0.2023, the exchange rate registered a net change of 2.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2139 was up 1.07% compared to the 2023 peak of 0.2117, 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 53,481 BOB
2023 Average 49,703 BOB
Yearly Trough Low 46,457 BOB
Transaction Impact: A difference of 7,024.31 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2098
0.1863
JanuMarcMayJulySeptNove

THB to BOB 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 0.1912, compared to 0.2014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.1912
H2 Avg (Jul–Dec) 0.2014

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0124 BOB (High: 0.2139 / Low: 0.2015). On the other end, June was the most stable month, with a tight range of 0.0025 BOB (High: 0.1895 / Low: 0.1870).

September Spread (Volatile) ±0.0124
June Spread (Stable) ±0.0025

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 0.0062 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2079) against the same month in 2023 (average: 0.1930), the exchange rate shifted by +0.0149 (+7.74%).

2024 Avg (September) 0.2079
2023 Avg (September) 0.1930

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2016 0.1932 0.1965
February 0.1959 0.1913 0.1929
March 0.1953 0.1889 0.1923
April 0.1907 0.1858 0.1883
May 0.1915 0.1868 0.1888
June 0.1895 0.1870 0.1883
July 0.1946 0.1877 0.1907
August 0.2042 0.1939 0.1990
September 0.2139 0.2015 0.2079
October 0.2121 0.2042 0.2073
November 0.2061 0.1976 0.2011
December 0.2050 0.1997 0.2023