2024 THB to MXN Historical Review

YEARLY HIGH

0.6091 MXN

YEARLY LOW

0.4448 MXN

YEARLY AVERAGE

0.5212 MXN

2024 THB to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.6091. Conversely, the yearly low was recorded on April 8, dropping to 0.4448.

This high-to-low spread represents a total annual volatility of 0.1643 MXN. From a start-to-finish perspective, comparing the January average rate of 0.4850 to the December average rate of 0.5930, the exchange rate registered a net change of 22.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6091 was up 5.34% compared to the 2023 peak of 0.5782, 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 152,282 MXN

2023 Average 127,646 MXN

Yearly Trough Low 111,203 MXN

Transaction Impact: A difference of 41,079.61 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6066

0.4438

JanuMarcMayJulySeptNove

THB to MXN 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 0.4734, compared to 0.5690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0957 points.

H1 Avg (Jan–Jun) 0.4734

H2 Avg (Jul–Dec) 0.5690

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0535 MXN (High: 0.5849 / Low: 0.5313). On the other end, May was the most stable month, with a tight range of 0.0085 MXN (High: 0.4638 / Low: 0.4554).

August Spread (Volatile) ±0.0535

May Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0102 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.5892) against the same month in 2023 (average: 0.4831), the exchange rate shifted by +0.1061 (+21.97%).

2024 Avg (September) 0.5892

2023 Avg (September) 0.4831

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4969	0.4810	0.4850
February	0.4835	0.4720	0.4768
March	0.4755	0.4549	0.4666
April	0.4648	0.4448	0.4573
May	0.4638	0.4554	0.4589
June	0.5118	0.4618	0.4955
July	0.5252	0.4875	0.4998
August	0.5849	0.5313	0.5521
September	0.6091	0.5727	0.5892
October	0.6032	0.5761	0.5895
November	0.6007	0.5826	0.5906
December	0.6075	0.5867	0.5930