2024 THB to IRR Historical Review

YEARLY HIGH

1301.3225 IRR

YEARLY LOW

1131.0484 IRR

YEARLY AVERAGE

1195.1281 IRR

2024 THB to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 1301.3225. Conversely, the yearly low was recorded on April 30, dropping to 1131.0484.

This high-to-low spread represents a total annual volatility of 170.2741 IRR. From a start-to-finish perspective, comparing the January average rate of 1195.6683 to the December average rate of 1235.1211, the exchange rate registered a net change of 3.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1301.3225 was up 0.94% compared to the 2023 peak of 1289.1542, 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 325,330,615 IRR

2023 Average 303,767,259 IRR

Yearly Trough Low 282,762,097 IRR

Transaction Impact: A difference of 42,568,518.10 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1278.2278

1132.4430

JanuMarcMayJulySeptNove

THB to IRR 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 1163.3701, compared to 1226.8862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 63.5160 points.

H1 Avg (Jan–Jun) 1163.3701

H2 Avg (Jul–Dec) 1226.8862

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 73.4736 IRR (High: 1301.3225 / Low: 1227.8488). On the other end, June was the most stable month, with a tight range of 17.5184 IRR (High: 1156.2757 / Low: 1138.7573).

September Spread (Volatile) ±73.4736

June Spread (Stable) ±17.5184

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 38.1016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -38.1016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1266.0790) against the same month in 2023 (average: 1180.1264), the exchange rate shifted by +85.9527 (+7.28%).

2024 Avg (September) 1266.0790

2023 Avg (September) 1180.1264

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1226.5898	1175.7140	1195.6683
February	1190.2504	1164.6246	1172.8560
March	1189.1848	1152.9073	1169.8594
April	1158.6469	1131.0484	1144.5918
May	1166.1353	1137.4392	1149.9283
June	1156.2757	1138.7573	1147.3170
July	1186.0563	1143.2627	1162.2122
August	1242.7399	1181.9752	1213.2412
September	1301.3225	1227.8488	1266.0790
October	1293.0108	1244.6038	1261.3825
November	1254.9940	1204.0320	1223.2809
December	1248.5172	1219.9363	1235.1211