2024 THB to GHS Historical Review

YEARLY HIGH

0.4890 GHS

YEARLY LOW

0.3368 GHS

YEARLY AVERAGE

0.4117 GHS

2024 THB to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.4890. Conversely, the yearly low was recorded on January 17, dropping to 0.3368.

This high-to-low spread represents a total annual volatility of 0.1523 GHS. From a start-to-finish perspective, comparing the January average rate of 0.3425 to the December average rate of 0.4328, the exchange rate registered a net change of 26.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4890 was up 28.21% compared to the 2023 peak of 0.3814, 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 122,258 GHS

2023 Average 84,097 GHS

Yearly Trough Low 84,188 GHS

Transaction Impact: A difference of 38,069.70 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4935

0.3288

JanuMarcMayJulySeptNove

THB to GHS 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 0.3690, compared to 0.4544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0854 points.

H1 Avg (Jan–Jun) 0.3690

H2 Avg (Jul–Dec) 0.4544

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0421 GHS (High: 0.4890 / Low: 0.4469). On the other end, April was the most stable month, with a tight range of 0.0080 GHS (High: 0.3699 / Low: 0.3619).

November Spread (Volatile) ±0.0421

April Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0333 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.4661) against the same month in 2023 (average: 0.3371), the exchange rate shifted by +0.1290 (+38.27%).

2024 Avg (November) 0.4661

2023 Avg (November) 0.3371

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3491	0.3368	0.3425
February	0.3527	0.3445	0.3476
March	0.3645	0.3534	0.3599
April	0.3699	0.3619	0.3657
May	0.4034	0.3705	0.3882
June	0.4158	0.4013	0.4098
July	0.4379	0.4162	0.4259
August	0.4629	0.4368	0.4496
September	0.4874	0.4566	0.4722
October	0.4860	0.4737	0.4797
November	0.4890	0.4469	0.4661
December	0.4468	0.4248	0.4328