YEARLY HIGH
0.0234 GBP
YEARLY LOW
0.0213 GBP
YEARLY AVERAGE
0.0222 GBP

2024 THB to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0234. Conversely, the yearly low was recorded on June 9, dropping to 0.0213.

This high-to-low spread represents a total annual volatility of 0.0021 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0224 to the December average rate of 0.0232, the exchange rate registered a net change of 3.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0234 was down 6.15% compared to the 2023 peak of 0.0249, 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 5,852 GBP
2023 Average 5,787 GBP
Yearly Trough Low 5,319 GBP
Transaction Impact: A difference of 533.22 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0233
0.0213
JanuMarcMayJulySeptNove

THB to GBP 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 0.0219, compared to 0.0226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0219
H2 Avg (Jul–Dec) 0.0226

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0011 GBP (High: 0.0231 / Low: 0.0220). On the other end, June was the most stable month, with a tight range of 0.0003 GBP (High: 0.0216 / Low: 0.0213).

January Spread (Volatile) ±0.0011
June Spread (Stable) ±0.0003

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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0232) against the same month in 2023 (average: 0.0226), the exchange rate shifted by +0.0006 (+2.45%).

2024 Avg (December) 0.0232
2023 Avg (December) 0.0226

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0231 0.0220 0.0224
February 0.0223 0.0219 0.0221
March 0.0221 0.0217 0.0219
April 0.0221 0.0215 0.0217
May 0.0218 0.0214 0.0216
June 0.0216 0.0213 0.0214
July 0.0219 0.0213 0.0214
August 0.0225 0.0220 0.0223
September 0.0231 0.0222 0.0227
October 0.0232 0.0227 0.0230
November 0.0232 0.0225 0.0228
December 0.0234 0.0229 0.0232