YEARLY HIGH
0.1401 RON
YEARLY LOW
0.1246 RON
YEARLY AVERAGE
0.1306 RON

2024 THB to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1401. Conversely, the yearly low was recorded on April 8, dropping to 0.1246.

This high-to-low spread represents a total annual volatility of 0.0155 RON. From a start-to-finish perspective, comparing the January average rate of 0.1297 to the December average rate of 0.1391, the exchange rate registered a net change of 7.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1401 was up 0.64% compared to the 2023 peak of 0.1392, 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 35,034 RON
2023 Average 32,903 RON
Yearly Trough Low 31,149 RON
Transaction Impact: A difference of 3,884.84 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1404
0.1244
JanuMarcMayJulySeptNove

THB to RON 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 0.1272, compared to 0.1339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.1272
H2 Avg (Jul–Dec) 0.1339

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0066 RON (High: 0.1379 / Low: 0.1313). On the other end, May was the most stable month, with a tight range of 0.0017 RON (High: 0.1268 / Low: 0.1251).

September Spread (Volatile) ±0.0066
May Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0013 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1391) against the same month in 2023 (average: 0.1304), the exchange rate shifted by +0.0087 (+6.66%).

2024 Avg (December) 0.1391
2023 Avg (December) 0.1304

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1325 0.1279 0.1297
February 0.1301 0.1274 0.1286
March 0.1284 0.1260 0.1273
April 0.1287 0.1246 0.1262
May 0.1268 0.1251 0.1257
June 0.1270 0.1246 0.1260
July 0.1295 0.1256 0.1265
August 0.1325 0.1279 0.1301
September 0.1379 0.1313 0.1347
October 0.1384 0.1350 0.1368
November 0.1388 0.1345 0.1361
December 0.1401 0.1370 0.1391