2024 THB to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 THB to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the THB to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 43.2702. Conversely, the yearly low was recorded on March 12, dropping to 36.7037.
This high-to-low spread represents a total annual volatility of 6.5665 KRW. From a start-to-finish perspective, comparing the January average rate of 37.6639 to the December average rate of 42.1850, the exchange rate registered a net change of 12.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 43.2702 was up 8.68% compared to the 2023 peak of 39.8157, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
THB to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 37.3471, compared to 40.0959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7488 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 2.6650 KRW (High: 43.2702 / Low: 40.6053). On the other end, June was the most stable month, with a tight range of 0.5414 KRW (High: 37.9107 / Low: 37.3693).
Growth Streaks & Declines
TrendsBetween May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.4886 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 42.1850) against the same month in 2023 (average: 37.2880), the exchange rate shifted by +4.8970 (+13.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 38.2410 | 37.2268 | 37.6639 |
| February | 37.7800 | 36.7330 | 37.1753 |
| March | 37.2872 | 36.7037 | 37.0761 |
| April | 38.0185 | 36.7433 | 37.2686 |
| May | 37.6959 | 36.7695 | 37.2611 |
| June | 37.9107 | 37.3693 | 37.6376 |
| July | 38.5992 | 37.6381 | 38.1574 |
| August | 39.3391 | 38.4533 | 38.9014 |
| September | 40.7616 | 39.0499 | 39.9913 |
| October | 41.3694 | 39.9280 | 40.8015 |
| November | 41.1422 | 40.1153 | 40.5387 |
| December | 43.2702 | 40.6053 | 42.1850 |