YEARLY HIGH
0.5507 NAD
YEARLY LOW
0.4870 NAD
YEARLY AVERAGE
0.5200 NAD

2024 THB to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.5507. Conversely, the yearly low was recorded on June 23, dropping to 0.4870.

This high-to-low spread represents a total annual volatility of 0.0636 NAD. From a start-to-finish perspective, comparing the January average rate of 0.5341 to the December average rate of 0.5337, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5507 was down 3.99% compared to the 2023 peak of 0.5736, 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 137,663 NAD
2023 Average 133,039 NAD
Yearly Trough Low 121,756 NAD
Transaction Impact: A difference of 15,907.56 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5373
0.4989
JanuMarcMayJulySeptNove

THB to NAD 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 0.5177, compared to 0.5223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.5177
H2 Avg (Jul–Dec) 0.5223

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0330 NAD (High: 0.5200 / Low: 0.4870). On the other end, May was the most stable month, with a tight range of 0.0105 NAD (High: 0.5076 / Low: 0.4971).

June Spread (Volatile) ±0.0330
May Spread (Stable) ±0.0105

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 April and May, when the average rate fell by 0.0116 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5337) against the same month in 2023 (average: 0.5353), the exchange rate shifted by -0.0017 (-0.32%).

2024 Avg (December) 0.5337
2023 Avg (December) 0.5353

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5414 0.5236 0.5341
February 0.5375 0.5233 0.5293
March 0.5337 0.5166 0.5246
April 0.5211 0.5039 0.5138
May 0.5076 0.4971 0.5023
June 0.5200 0.4870 0.5021
July 0.5133 0.4938 0.5034
August 0.5276 0.5118 0.5196
September 0.5371 0.5190 0.5296
October 0.5342 0.5204 0.5265
November 0.5280 0.5135 0.5210
December 0.5507 0.5202 0.5337