2024 THB to IDR Historical Review

YEARLY HIGH

475.4152 IDR

YEARLY LOW

432.7001 IDR

YEARLY AVERAGE

450.2613 IDR

2024 THB to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 475.4152. Conversely, the yearly low was recorded on March 21, dropping to 432.7001.

This high-to-low spread represents a total annual volatility of 42.7150 IDR. From a start-to-finish perspective, comparing the January average rate of 444.1515 to the December average rate of 470.4137, the exchange rate registered a net change of 5.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 475.4152 was up 1.95% compared to the 2023 peak of 466.3077, 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 118,853,790 IDR

2023 Average 109,635,341 IDR

Yearly Trough Low 108,175,036 IDR

Transaction Impact: A difference of 10,678,753.74 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

473.7551

433.6582

JanuMarcMayJulySeptNove

THB to IDR 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 440.2180, compared to 460.3047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.0867 points.

H1 Avg (Jan–Jun) 440.2180

H2 Avg (Jul–Dec) 460.3047

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 15.3801 IDR (High: 469.1562 / Low: 453.7761). On the other end, October was the most stable month, with a tight range of 7.4686 IDR (High: 471.2113 / Low: 463.7427).

September Spread (Volatile) ±15.3801

October Spread (Stable) ±7.4686

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 7.2465 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -7.2465

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 470.4137) against the same month in 2023 (average: 443.6223), the exchange rate shifted by +26.7913 (+6.04%).

2024 Avg (December) 470.4137

2023 Avg (December) 443.6223

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	452.3062	439.2684	444.1515
February	445.3886	433.1347	436.9996
March	441.0154	432.7001	437.3089
April	445.0801	433.2718	438.1840
May	443.9705	434.4194	438.8852
June	450.0725	440.7578	445.7786
July	458.0702	445.1416	448.5346
August	458.4907	445.6385	453.9998
September	469.1562	453.7761	460.9585
October	471.2113	463.7427	467.5841
November	468.6196	454.1086	460.3376
December	475.4152	460.8560	470.4137