2024 THB to NOK Historical Review

YEARLY HIGH

0.3343 NOK

YEARLY LOW

0.2854 NOK

YEARLY AVERAGE

0.3054 NOK

2024 THB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.3343. Conversely, the yearly low was recorded on June 3, dropping to 0.2854.

This high-to-low spread represents a total annual volatility of 0.0488 NOK. From a start-to-finish perspective, comparing the January average rate of 0.2957 to the December average rate of 0.3288, the exchange rate registered a net change of 11.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3343 was up 3.78% compared to the 2023 peak of 0.3221, 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 83,564 NOK

2023 Average 75,946 NOK

Yearly Trough Low 71,360 NOK

Transaction Impact: A difference of 12,203.63 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3328

0.2852

JanuMarcMayJulySeptNove

THB to NOK 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 0.2941, compared to 0.3166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0224 points.

H1 Avg (Jan–Jun) 0.2941

H2 Avg (Jul–Dec) 0.3166

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0195 NOK (High: 0.3072 / Low: 0.2878). On the other end, March was the most stable month, with a tight range of 0.0054 NOK (High: 0.2980 / Low: 0.2926).

July Spread (Volatile) ±0.0195

March Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between June and October, 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 May and June, when the average rate fell by 0.0042 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3288) against the same month in 2023 (average: 0.3012), the exchange rate shifted by +0.0276 (+9.16%).

2024 Avg (December) 0.3288

2023 Avg (December) 0.3012

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3020	0.2922	0.2957
February	0.2995	0.2905	0.2943
March	0.2980	0.2926	0.2954
April	0.3003	0.2909	0.2967
May	0.2984	0.2864	0.2934
June	0.2916	0.2854	0.2892
July	0.3072	0.2878	0.2981
August	0.3120	0.3038	0.3083
September	0.3255	0.3100	0.3190
October	0.3299	0.3179	0.3243
November	0.3270	0.3176	0.3211
December	0.3343	0.3216	0.3288