2024 THB to MMK Historical Review

YEARLY HIGH

89.4737 MMK

YEARLY LOW

56.4742 MMK

YEARLY AVERAGE

60.2013 MMK

2024 THB to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 89.4737. Conversely, the yearly low was recorded on April 30, dropping to 56.4742.

This high-to-low spread represents a total annual volatility of 32.9995 MMK. From a start-to-finish perspective, comparing the January average rate of 59.7024 to the December average rate of 61.4285, the exchange rate registered a net change of 2.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 89.4737 was up 39.10% compared to the 2023 peak of 64.3255, 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 22,368,423 MMK

2023 Average 15,103,442 MMK

Yearly Trough Low 14,118,558 MMK

Transaction Impact: A difference of 8,249,864.89 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

63.6837

56.5089

JanuMarcMayJulySeptNove

THB to MMK 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 58.4658, compared to 61.9368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4710 points.

H1 Avg (Jan–Jun) 58.4658

H2 Avg (Jul–Dec) 61.9368

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 31.6935 MMK (High: 89.4737 / Low: 57.7802). On the other end, April was the most stable month, with a tight range of 1.3226 MMK (High: 57.7968 / Low: 56.4742).

July Spread (Volatile) ±31.6935

April Spread (Stable) ±1.3226

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 2.3548 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.3548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 62.8172) against the same month in 2023 (average: 60.5859), the exchange rate shifted by +2.2313 (+3.68%).

2024 Avg (July) 62.8172

2023 Avg (July) 60.5859

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	61.2779	58.7042	59.7024
February	59.5384	58.1337	58.5976
March	59.4200	57.3944	58.4033
April	57.7968	56.4742	57.1068
May	58.1819	56.7811	57.3550
June	67.6262	56.8086	59.6297
July	89.4737	57.7802	62.8172
August	61.9414	58.9127	60.4624
September	64.8421	61.1992	63.0858
October	64.4547	62.0343	62.8562
November	62.5522	59.9943	60.9708
December	62.2183	60.6244	61.4285