2024 THB to MNT Historical Review

YEARLY HIGH

105.0206 MNT

YEARLY LOW

92.7419 MNT

YEARLY AVERAGE

97.2812 MNT

2024 THB to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 105.0206. Conversely, the yearly low was recorded on April 30, dropping to 92.7419.

This high-to-low spread represents a total annual volatility of 12.2787 MNT. From a start-to-finish perspective, comparing the January average rate of 98.1016 to the December average rate of 99.4919, the exchange rate registered a net change of 1.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 105.0206 was up 0.10% compared to the 2023 peak of 104.9195, 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 26,255,158 MNT

2023 Average 24,909,474 MNT

Yearly Trough Low 23,185,484 MNT

Transaction Impact: A difference of 3,069,674.17 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

103.0080

93.0251

JanuMarcMayJulySeptNove

THB to MNT 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 95.4098, compared to 99.1526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7428 points.

H1 Avg (Jan–Jun) 95.4098

H2 Avg (Jul–Dec) 99.1526

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 5.9001 MNT (High: 105.0206 / Low: 99.1205). On the other end, June was the most stable month, with a tight range of 1.4079 MNT (High: 94.7542 / Low: 93.3463).

September Spread (Volatile) ±5.9001

June Spread (Stable) ±1.4079

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 3.0536 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.0536

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 102.1761) against the same month in 2023 (average: 96.3599), the exchange rate shifted by +5.8162 (+6.04%).

2024 Avg (September) 102.1761

2023 Avg (September) 96.3599

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	100.6418	96.4617	98.1016
February	97.6659	95.5242	96.2509
March	97.5901	94.6242	96.0014
April	95.0049	92.7419	93.8570
May	95.6474	93.2937	94.2568
June	94.7542	93.3463	93.9913
July	95.9960	93.5830	94.7654
August	100.3226	95.4173	97.9272
September	105.0206	99.1205	102.1761
October	104.3932	100.4731	101.8042
November	101.3119	97.1690	98.7506
December	100.7711	98.1896	99.4919