YEARLY HIGH
0.5436 MDL
YEARLY LOW
0.4746 MDL
YEARLY AVERAGE
0.5035 MDL

2024 THB to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.5436. Conversely, the yearly low was recorded on April 30, dropping to 0.4746.

This high-to-low spread represents a total annual volatility of 0.0690 MDL. From a start-to-finish perspective, comparing the January average rate of 0.5010 to the December average rate of 0.5363, the exchange rate registered a net change of 7.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5436 was down 6.44% compared to the 2023 peak of 0.5810, 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 135,901 MDL
2023 Average 130,246 MDL
Yearly Trough Low 118,643 MDL
Transaction Impact: A difference of 17,257.64 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5417
0.4768
JanuMarcMayJulySeptNove

THB to MDL 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 0.4894, compared to 0.5176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0282 points.

H1 Avg (Jan–Jun) 0.4894
H2 Avg (Jul–Dec) 0.5176

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0314 MDL (High: 0.5369 / Low: 0.5056). On the other end, June was the most stable month, with a tight range of 0.0098 MDL (High: 0.4869 / Low: 0.4771).

September Spread (Volatile) ±0.0314
June Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0090 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5363) against the same month in 2023 (average: 0.5044), the exchange rate shifted by +0.0319 (+6.32%).

2024 Avg (December) 0.5363
2023 Avg (December) 0.5044

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5082 0.4934 0.5010
February 0.5025 0.4910 0.4966
March 0.4987 0.4830 0.4912
April 0.4868 0.4746 0.4822
May 0.4895 0.4770 0.4824
June 0.4869 0.4771 0.4827
July 0.4966 0.4835 0.4887
August 0.5158 0.4962 0.5038
September 0.5369 0.5056 0.5226
October 0.5352 0.5220 0.5297
November 0.5328 0.5138 0.5244
December 0.5436 0.5288 0.5363