YEARLY HIGH
0.0423 CAD
YEARLY LOW
0.0369 CAD
YEARLY AVERAGE
0.0389 CAD

2024 THB to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0423. Conversely, the yearly low was recorded on April 4, dropping to 0.0369.

This high-to-low spread represents a total annual volatility of 0.0054 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0382 to the December average rate of 0.0418, the exchange rate registered a net change of 9.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0423 was up 3.15% compared to the 2023 peak of 0.0410, 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 10,581 CAD
2023 Average 9,713 CAD
Yearly Trough Low 9,223 CAD
Transaction Impact: A difference of 1,358.07 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0422
0.0368
JanuMarcMayJulySeptNove

THB to CAD 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 0.0376, compared to 0.0403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0376
H2 Avg (Jul–Dec) 0.0403

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0023 CAD (High: 0.0418 / Low: 0.0395). On the other end, June was the most stable month, with a tight range of 0.0005 CAD (High: 0.0375 / Low: 0.0370).

September Spread (Volatile) ±0.0023
June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between 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 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0418) against the same month in 2023 (average: 0.0384), the exchange rate shifted by +0.0033 (+8.68%).

2024 Avg (December) 0.0418
2023 Avg (December) 0.0384

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0389 0.0377 0.0382
February 0.0380 0.0374 0.0376
March 0.0383 0.0371 0.0377
April 0.0379 0.0369 0.0372
May 0.0377 0.0371 0.0373
June 0.0375 0.0370 0.0373
July 0.0389 0.0372 0.0379
August 0.0399 0.0386 0.0394
September 0.0418 0.0395 0.0407
October 0.0417 0.0407 0.0412
November 0.0413 0.0400 0.0406
December 0.0423 0.0407 0.0418