2024 THB to GEL Historical Review

YEARLY HIGH

0.0844 GEL

YEARLY LOW

0.0719 GEL

YEARLY AVERAGE

0.0772 GEL

2024 THB to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0844. Conversely, the yearly low was recorded on April 30, dropping to 0.0719.

This high-to-low spread represents a total annual volatility of 0.0125 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0761 to the December average rate of 0.0824, the exchange rate registered a net change of 8.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0844 was up 3.24% compared to the 2023 peak of 0.0817, 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 21,097 GEL

2023 Average 18,874 GEL

Yearly Trough Low 17,977 GEL

Transaction Impact: A difference of 3,119.73 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0834

0.0718

JanuMarcMayJulySeptNove

THB to GEL 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 0.0747, compared to 0.0797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.0747

H2 Avg (Jul–Dec) 0.0797

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0059 GEL (High: 0.0844 / Low: 0.0785). On the other end, March was the most stable month, with a tight range of 0.0015 GEL (High: 0.0754 / Low: 0.0739).

September Spread (Volatile) ±0.0059

March Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0813) against the same month in 2023 (average: 0.0739), the exchange rate shifted by +0.0074 (+9.95%).

2024 Avg (September) 0.0813

2023 Avg (September) 0.0739

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0782	0.0744	0.0761
February	0.0754	0.0730	0.0740
March	0.0754	0.0739	0.0744
April	0.0738	0.0719	0.0728
May	0.0779	0.0723	0.0741
June	0.0783	0.0755	0.0768
July	0.0766	0.0745	0.0755
August	0.0796	0.0759	0.0777
September	0.0844	0.0785	0.0813
October	0.0837	0.0805	0.0817
November	0.0820	0.0779	0.0795
December	0.0836	0.0810	0.0824