2024 THB to MYR Historical Review

YEARLY HIGH

0.1343 MYR

YEARLY LOW

0.1246 MYR

YEARLY AVERAGE

0.1297 MYR

2024 THB to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1343. Conversely, the yearly low was recorded on August 5, dropping to 0.1246.

This high-to-low spread represents a total annual volatility of 0.0097 MYR. From a start-to-finish perspective, comparing the January average rate of 0.1331 to the December average rate of 0.1306, the exchange rate registered a net change of -1.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1343 was down 0.55% compared to the 2023 peak of 0.1350, 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 33,574 MYR

2023 Average 32,790 MYR

Yearly Trough Low 31,153 MYR

Transaction Impact: A difference of 2,421.28 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1337

0.1266

JanuMarcMayJulySeptNove

THB to MYR 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 0.1307, compared to 0.1288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1307

H2 Avg (Jul–Dec) 0.1288

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0045 MYR (High: 0.1291 / Low: 0.1246). On the other end, July was the most stable month, with a tight range of 0.0019 MYR (High: 0.1300 / Low: 0.1282).

August Spread (Volatile) ±0.0045

July Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0020 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1331) against the same month in 2023 (average: 0.1304), the exchange rate shifted by +0.0028 (+2.12%).

2024 Avg (January) 0.1331

2023 Avg (January) 0.1304

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1343	0.1322	0.1331
February	0.1340	0.1321	0.1330
March	0.1330	0.1298	0.1313
April	0.1313	0.1282	0.1296
May	0.1300	0.1278	0.1289
June	0.1289	0.1270	0.1283
July	0.1300	0.1282	0.1292
August	0.1291	0.1246	0.1272
September	0.1296	0.1260	0.1280
October	0.1300	0.1269	0.1287
November	0.1297	0.1274	0.1288
December	0.1321	0.1292	0.1306