YEARLY HIGH
0.7686 HNL
YEARLY LOW
0.6663 HNL
YEARLY AVERAGE
0.7060 HNL

2024 THB to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.7686. Conversely, the yearly low was recorded on April 24, dropping to 0.6663.

This high-to-low spread represents a total annual volatility of 0.1023 HNL. From a start-to-finish perspective, comparing the January average rate of 0.7020 to the December average rate of 0.7422, the exchange rate registered a net change of 5.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7686 was up 1.72% compared to the 2023 peak of 0.7557, 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 192,162 HNL
2023 Average 177,445 HNL
Yearly Trough Low 166,586 HNL
Transaction Impact: A difference of 25,576.05 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7574
0.6643
JanuMarcMayJulySeptNove

THB to HNL 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 0.6838, compared to 0.7282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0444 points.

H1 Avg (Jan–Jun) 0.6838
H2 Avg (Jul–Dec) 0.7282

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0442 HNL (High: 0.7686 / Low: 0.7244). On the other end, June was the most stable month, with a tight range of 0.0124 HNL (High: 0.6839 / Low: 0.6715).

September Spread (Volatile) ±0.0442
June Spread (Stable) ±0.0124

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 October and November, when the average rate fell by 0.0175 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.7468) against the same month in 2023 (average: 0.6919), the exchange rate shifted by +0.0549 (+7.94%).

2024 Avg (September) 0.7468
2023 Avg (September) 0.6919

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7220 0.6915 0.7020
February 0.6998 0.6833 0.6897
March 0.6984 0.6760 0.6879
April 0.6801 0.6663 0.6721
May 0.6848 0.6698 0.6758
June 0.6839 0.6715 0.6754
July 0.6985 0.6732 0.6838
August 0.7344 0.6951 0.7144
September 0.7686 0.7244 0.7468
October 0.7644 0.7419 0.7496
November 0.7486 0.7172 0.7322
December 0.7520 0.7319 0.7422