YEARLY HIGH
0.1125 QAR
YEARLY LOW
0.0979 QAR
YEARLY AVERAGE
0.1034 QAR

2024 THB to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.1125. Conversely, the yearly low was recorded on April 30, dropping to 0.0979.

This high-to-low spread represents a total annual volatility of 0.0146 QAR. From a start-to-finish perspective, comparing the January average rate of 0.1036 to the December average rate of 0.1067, the exchange rate registered a net change of 2.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1125 was up 0.88% compared to the 2023 peak of 0.1115, 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 28,132 QAR
2023 Average 26,215 QAR
Yearly Trough Low 24,486 QAR
Transaction Impact: A difference of 3,646.18 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1106
0.0981
JanuMarcMayJulySeptNove

THB to QAR 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 0.1007, compared to 0.1061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.1007
H2 Avg (Jul–Dec) 0.1061

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0063 QAR (High: 0.1125 / Low: 0.1062). On the other end, June was the most stable month, with a tight range of 0.0015 QAR (High: 0.1000 / Low: 0.0986).

September Spread (Volatile) ±0.0063
June Spread (Stable) ±0.0015

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 October and November, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1095) against the same month in 2023 (average: 0.1017), the exchange rate shifted by +0.0078 (+7.68%).

2024 Avg (September) 0.1095
2023 Avg (September) 0.1017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1063 0.1018 0.1036
February 0.1035 0.1009 0.1017
March 0.1030 0.0999 0.1013
April 0.1003 0.0979 0.0991
May 0.1010 0.0985 0.0995
June 0.1000 0.0986 0.0993
July 0.1026 0.0990 0.1006
August 0.1075 0.1023 0.1049
September 0.1125 0.1062 0.1095
October 0.1119 0.1077 0.1092
November 0.1086 0.1041 0.1059
December 0.1081 0.1054 0.1067