YEARLY HIGH
2.6023 KGS
YEARLY LOW
2.3237 KGS
YEARLY AVERAGE
2.4730 KGS

2024 THB to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 2.6023. Conversely, the yearly low was recorded on July 25, dropping to 2.3237.

This high-to-low spread represents a total annual volatility of 0.2786 KGS. From a start-to-finish perspective, comparing the January average rate of 2.5379 to the December average rate of 2.5446, the exchange rate registered a net change of 0.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6023 was down 1.20% compared to the 2023 peak of 2.6338, 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 650,584 KGS
2023 Average 631,928 KGS
Yearly Trough Low 580,930 KGS
Transaction Impact: A difference of 69,653.92 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5768
2.3264
JanuMarcMayJulySeptNove

THB to KGS 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 2.4548, compared to 2.4913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0365 points.

H1 Avg (Jan–Jun) 2.4548
H2 Avg (Jul–Dec) 2.4913

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1632 KGS (High: 2.5242 / Low: 2.3611). On the other end, July was the most stable month, with a tight range of 0.0435 KGS (High: 2.3672 / Low: 2.3237).

August Spread (Volatile) ±0.1632
July Spread (Stable) ±0.0435

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0667 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0667

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.5357) against the same month in 2023 (average: 2.4730), the exchange rate shifted by +0.0628 (+2.54%).

2024 Avg (September) 2.5357
2023 Avg (September) 2.4730

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5988 2.4972 2.5379
February 2.5286 2.4762 2.4946
March 2.5297 2.4539 2.4897
April 2.4542 2.3839 2.4229
May 2.4455 2.3818 2.4110
June 2.3977 2.3397 2.3728
July 2.3672 2.3237 2.3473
August 2.5242 2.3611 2.4547
September 2.6023 2.4680 2.5357
October 2.5881 2.5297 2.5560
November 2.5692 2.4650 2.5093
December 2.5741 2.5140 2.5446