2024 THB to INR Historical Review

YEARLY HIGH

2.5874 INR

YEARLY LOW

2.2446 INR

YEARLY AVERAGE

2.3762 INR

2024 THB to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 2.5874. Conversely, the yearly low was recorded on April 30, dropping to 2.2446.

This high-to-low spread represents a total annual volatility of 0.3428 INR. From a start-to-finish perspective, comparing the January average rate of 2.3632 to the December average rate of 2.4889, the exchange rate registered a net change of 5.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5874 was up 3.67% compared to the 2023 peak of 2.4959, 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 646,849 INR

2023 Average 594,033 INR

Yearly Trough Low 561,147 INR

Transaction Impact: A difference of 85,701.75 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5448

2.2443

JanuMarcMayJulySeptNove

THB to INR 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 2.3017, compared to 2.4506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1489 points.

H1 Avg (Jan–Jun) 2.3017

H2 Avg (Jul–Dec) 2.4506

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.1385 INR (High: 2.5874 / Low: 2.4489). On the other end, June was the most stable month, with a tight range of 0.0310 INR (High: 2.2925 / Low: 2.2615).

September Spread (Volatile) ±0.1385

June Spread (Stable) ±0.0310

Growth Streaks & Declines

Trends

Between June and September, 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 0.0663 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0663

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.5198) against the same month in 2023 (average: 2.3195), the exchange rate shifted by +0.2003 (+8.64%).

2024 Avg (September) 2.5198

2023 Avg (September) 2.3195

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4287	2.3236	2.3632
February	2.3480	2.2987	2.3148
March	2.3408	2.2873	2.3112
April	2.3025	2.2446	2.2693
May	2.3094	2.2555	2.2774
June	2.2925	2.2615	2.2744
July	2.3583	2.2677	2.3078
August	2.4745	2.3530	2.4175
September	2.5874	2.4489	2.5198
October	2.5769	2.4865	2.5180
November	2.5079	2.4157	2.4517
December	2.5173	2.4552	2.4889