YEARLY HIGH
0.2101 DKK
YEARLY LOW
0.1868 DKK
YEARLY AVERAGE
0.1958 DKK

2024 THB to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 0.2101. Conversely, the yearly low was recorded on June 3, dropping to 0.1868.

This high-to-low spread represents a total annual volatility of 0.0233 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1944 to the December average rate of 0.2086, the exchange rate registered a net change of 7.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2101 was up 0.06% compared to the 2023 peak of 0.2099, 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 52,521 DKK
2023 Average 49,564 DKK
Yearly Trough Low 46,693 DKK
Transaction Impact: A difference of 5,828.37 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2106
0.1865
JanuMarcMayJulySeptNove

THB to DKK 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 0.1908, compared to 0.2007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.1908
H2 Avg (Jul–Dec) 0.2007

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0096 DKK (High: 0.2065 / Low: 0.1970). On the other end, May was the most stable month, with a tight range of 0.0029 DKK (High: 0.1902 / Low: 0.1874).

September Spread (Volatile) ±0.0096
May Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between May and October, 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 February and March, when the average rate fell by 0.0018 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2086) against the same month in 2023 (average: 0.1956), the exchange rate shifted by +0.0129 (+6.60%).

2024 Avg (December) 0.2086
2023 Avg (December) 0.1956

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1988 0.1916 0.1944
February 0.1950 0.1911 0.1927
March 0.1928 0.1890 0.1909
April 0.1930 0.1871 0.1893
May 0.1902 0.1874 0.1885
June 0.1902 0.1868 0.1889
July 0.1942 0.1883 0.1898
August 0.1986 0.1917 0.1951
September 0.2065 0.1970 0.2019
October 0.2075 0.2023 0.2051
November 0.2077 0.2017 0.2040
December 0.2101 0.2058 0.2086