YEARLY HIGH
29.1492 CLP
YEARLY LOW
24.4272 CLP
YEARLY AVERAGE
26.8045 CLP

2024 THB to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 29.1492. Conversely, the yearly low was recorded on May 21, dropping to 24.4272.

This high-to-low spread represents a total annual volatility of 4.7220 CLP. From a start-to-finish perspective, comparing the January average rate of 25.8404 to the December average rate of 28.8000, the exchange rate registered a net change of 11.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 29.1492 was up 11.74% compared to the 2023 peak of 26.0867, 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 7,287,294 CLP
2023 Average 6,040,214 CLP
Yearly Trough Low 6,106,804 CLP
Transaction Impact: A difference of 1,180,489.55 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29.1756
24.6680
JanuMarcMayJulySeptNove

THB to CLP 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 26.0111, compared to 27.5978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5868 points.

H1 Avg (Jan–Jun) 26.0111
H2 Avg (Jul–Dec) 27.5978

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.5549 CLP (High: 25.9821 / Low: 24.4272). On the other end, November was the most stable month, with a tight range of 0.7347 CLP (High: 28.6275 / Low: 27.8928).

May Spread (Volatile) ±1.5549
November Spread (Stable) ±0.7347

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.9751 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.9751

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 28.8000) against the same month in 2023 (average: 25.1014), the exchange rate shifted by +3.6985 (+14.73%).

2024 Avg (December) 28.8000
2023 Avg (December) 25.1014

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.2902 25.4609 25.8404
February 27.5410 26.4570 26.9527
March 27.7852 26.2888 26.9107
April 26.9253 25.4752 26.0187
May 25.9821 24.4272 25.0436
June 25.9202 24.6067 25.3003
July 26.6002 25.0606 25.8047
August 27.1827 26.4400 26.7734
September 28.2978 26.8277 27.8485
October 28.7911 27.6366 28.1020
November 28.6275 27.8928 28.2585
December 29.1492 28.3110 28.8000