2024 THB to BTN Historical Review

YEARLY HIGH

2.5859 BTN

YEARLY LOW

2.2445 BTN

YEARLY AVERAGE

2.3755 BTN

2024 THB to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 2.5859. Conversely, the yearly low was recorded on April 30, dropping to 2.2445.

This high-to-low spread represents a total annual volatility of 0.3414 BTN. From a start-to-finish perspective, comparing the January average rate of 2.3630 to the December average rate of 2.4873, the exchange rate registered a net change of 5.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5859 was up 3.28% compared to the 2023 peak of 2.5039, 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 646,485 BTN

2023 Average 593,874 BTN

Yearly Trough Low 561,124 BTN

Transaction Impact: A difference of 85,360.87 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5454

2.2422

JanuMarcMayJulySeptNove

THB to BTN 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 2.3010, compared to 2.4500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1490 points.

H1 Avg (Jan–Jun) 2.3010

H2 Avg (Jul–Dec) 2.4500

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.1374 BTN (High: 2.5859 / Low: 2.4485). On the other end, June was the most stable month, with a tight range of 0.0269 BTN (High: 2.2893 / Low: 2.2624).

September Spread (Volatile) ±0.1374

June Spread (Stable) ±0.0269

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 0.0678 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0678

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.5201) against the same month in 2023 (average: 2.3184), the exchange rate shifted by +0.2017 (+8.70%).

2024 Avg (September) 2.5201

2023 Avg (September) 2.3184

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4512	2.3238	2.3630
February	2.3501	2.2985	2.3153
March	2.3376	2.2857	2.3089
April	2.2925	2.2445	2.2674
May	2.3077	2.2601	2.2772
June	2.2893	2.2624	2.2742
July	2.3560	2.2671	2.3068
August	2.4775	2.3493	2.4156
September	2.5859	2.4485	2.5201
October	2.5730	2.4825	2.5189
November	2.5084	2.4133	2.4511
December	2.5179	2.4535	2.4873