2024 THB to PHP Historical Review

YEARLY HIGH

1.7407 PHP

YEARLY LOW

1.5369 PHP

YEARLY AVERAGE

1.6265 PHP

2024 THB to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 1.7407. Conversely, the yearly low was recorded on April 1, dropping to 1.5369.

This high-to-low spread represents a total annual volatility of 0.2038 PHP. From a start-to-finish perspective, comparing the January average rate of 1.5912 to the December average rate of 1.7107, the exchange rate registered a net change of 7.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.7407 was up 3.91% compared to the 2023 peak of 1.6752, 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 435,172 PHP

2023 Average 400,069 PHP

Yearly Trough Low 384,230 PHP

Transaction Impact: A difference of 50,942.50 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.7389

1.5347

JanuMarcMayJulySeptNove

THB to PHP 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 1.5732, compared to 1.6798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1066 points.

H1 Avg (Jan–Jun) 1.5732

H2 Avg (Jul–Dec) 1.6798

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0851 PHP (High: 1.7341 / Low: 1.6490). On the other end, June was the most stable month, with a tight range of 0.0205 PHP (High: 1.6101 / Low: 1.5896).

September Spread (Volatile) ±0.0851

June Spread (Stable) ±0.0205

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0282 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0282

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 1.7219) against the same month in 2023 (average: 1.5563), the exchange rate shifted by +0.1656 (+10.64%).

2024 Avg (October) 1.7219

2023 Avg (October) 1.5563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6214	1.5704	1.5912
February	1.5853	1.5488	1.5629
March	1.5706	1.5412	1.5557
April	1.5649	1.5369	1.5517
May	1.6088	1.5491	1.5786
June	1.6101	1.5896	1.5993
July	1.6464	1.5973	1.6141
August	1.6615	1.6191	1.6417
September	1.7341	1.6490	1.6849
October	1.7407	1.6899	1.7219
November	1.7406	1.6814	1.7057
December	1.7290	1.6948	1.7107