2024 THB to LBP Historical Review

YEARLY HIGH

2769.2315 LBP

YEARLY LOW

415.1700 LBP

YEARLY AVERAGE

2240.4861 LBP

2024 THB to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 2769.2315. Conversely, the yearly low was recorded on February 14, dropping to 415.1700.

This high-to-low spread represents a total annual volatility of 2354.0615 LBP. From a start-to-finish perspective, comparing the January average rate of 427.3892 to the December average rate of 2621.1699, the exchange rate registered a net change of 513.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2769.2315 was up 507.04% compared to the 2023 peak of 456.1882, 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 692,307,875 LBP

2023 Average 98,340,932 LBP

Yearly Trough Low 103,792,493 LBP

Transaction Impact: A difference of 588,515,382.37 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2919.9673

200.7912

JanuMarcMayJulySeptNove

THB to LBP 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 1872.0029, compared to 2608.9693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 736.9664 points.

H1 Avg (Jan–Jun) 1872.0029

H2 Avg (Jul–Dec) 2608.9693

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 2083.6036 LBP (High: 2498.7735 / Low: 415.1700). On the other end, January was the most stable month, with a tight range of 18.3617 LBP (High: 438.9019 / Low: 420.5402).

February Spread (Volatile) ±2083.6036

January Spread (Stable) ±18.3617

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 81.1652 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -81.1652

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2693.3693) against the same month in 2023 (average: 420.4489), the exchange rate shifted by +2272.9203 (+540.59%).

2024 Avg (September) 2693.3693

2023 Avg (September) 420.4489

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	438.9019	420.5402	427.3892
February	2498.7735	415.1700	991.7116
March	2537.3424	2450.9312	2491.6753
April	2465.2478	2408.7849	2435.4456
May	2481.1627	2422.3334	2445.7221
June	2456.4536	2424.4567	2440.0734
July	2527.3970	2432.6673	2471.3005
August	2643.8762	2514.5994	2578.9877
September	2769.2315	2612.8622	2693.3693
October	2750.5026	2648.1421	2685.0768
November	2670.2551	2562.1962	2603.9116
December	2656.7464	2587.9208	2621.1699