YEARLY HIGH
4.6071 KES
YEARLY LOW
3.4641 KES
YEARLY AVERAGE
3.8246 KES

2024 THB to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 4.6071. Conversely, the yearly low was recorded on April 8, dropping to 3.4641.

This high-to-low spread represents a total annual volatility of 1.1430 KES. From a start-to-finish perspective, comparing the January average rate of 4.5426 to the December average rate of 3.7864, the exchange rate registered a net change of -16.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 4.6071 was up 0.35% compared to the 2023 peak of 4.5912, 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 1,151,772 KES
2023 Average 1,005,309 KES
Yearly Trough Low 866,021 KES
Transaction Impact: A difference of 285,750.76 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4.6437
3.4304
JanuMarcMayJulySeptNove

THB to KES 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 3.8874, compared to 3.7617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1257 points.

H1 Avg (Jan–Jun) 3.8874
H2 Avg (Jul–Dec) 3.7617

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.6453 KES (High: 4.6071 / Low: 3.9618). On the other end, June was the most stable month, with a tight range of 0.1007 KES (High: 3.5776 / Low: 3.4768).

February Spread (Volatile) ±0.6453
June Spread (Stable) ±0.1007

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 February and March, when the average rate fell by 0.4284 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4284

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 4.2565) against the same month in 2023 (average: 3.6885), the exchange rate shifted by +0.5680 (+15.40%).

2024 Avg (February) 4.2565
2023 Avg (February) 3.6885

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.5849 4.4732 4.5426
February 4.6071 3.9618 4.2565
March 4.1059 3.6288 3.8281
April 3.6285 3.4641 3.5720
May 3.6726 3.5463 3.5938
June 3.5776 3.4768 3.5315
July 3.6482 3.4955 3.5621
August 3.8086 3.6376 3.7222
September 3.9870 3.7590 3.8774
October 3.9616 3.8132 3.8658
November 3.8466 3.7026 3.7563
December 3.8423 3.7349 3.7864