YEARLY HIGH
16.0634 CRC
YEARLY LOW
13.5113 CRC
YEARLY AVERAGE
14.6388 CRC

2024 THB to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 16.0634. Conversely, the yearly low was recorded on April 22, dropping to 13.5113.

This high-to-low spread represents a total annual volatility of 2.5521 CRC. From a start-to-finish perspective, comparing the January average rate of 14.7011 to the December average rate of 14.8106, the exchange rate registered a net change of 0.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.0634 was down 9.03% compared to the 2023 peak of 17.6581, 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 4,015,851 CRC
2023 Average 3,898,118 CRC
Yearly Trough Low 3,377,830 CRC
Transaction Impact: A difference of 638,021.67 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.8107
13.5223
JanuMarcMayJulySeptNove

THB to CRC 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 14.2125, compared to 15.0652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8527 points.

H1 Avg (Jan–Jun) 14.2125
H2 Avg (Jul–Dec) 15.0652

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.9812 CRC (High: 16.0634 / Low: 15.0822). On the other end, June was the most stable month, with a tight range of 0.3499 CRC (High: 14.4987 / Low: 14.1488).

September Spread (Volatile) ±0.9812
June Spread (Stable) ±0.3499

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6307 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.6307

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 15.6200) against the same month in 2023 (average: 14.9586), the exchange rate shifted by +0.6613 (+4.42%).

2024 Avg (September) 15.6200
2023 Avg (September) 14.9586

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.1630 14.3514 14.7011
February 14.6663 14.2358 14.3887
March 14.4630 13.7919 14.1511
April 13.9903 13.5113 13.7130
May 14.1981 13.7973 14.0046
June 14.4987 14.1488 14.3164
July 14.9256 14.2539 14.5359
August 15.5615 14.6737 15.1195
September 16.0634 15.0822 15.6200
October 15.9122 15.1427 15.4679
November 15.2482 14.6046 14.8372
December 14.9811 14.5438 14.8106