YEARLY HIGH
18.5903 SDG
YEARLY LOW
15.4273 SDG
YEARLY AVERAGE
16.9847 SDG

2024 THB to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 18.5903. Conversely, the yearly low was recorded on May 1, dropping to 15.4273.

This high-to-low spread represents a total annual volatility of 3.1631 SDG. From a start-to-finish perspective, comparing the January average rate of 17.0896 to the December average rate of 17.6117, the exchange rate registered a net change of 3.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.5903 was up 4.18% compared to the 2023 peak of 17.8444, 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 4,647,580 SDG
2023 Average 4,289,919 SDG
Yearly Trough Low 3,856,814 SDG
Transaction Impact: A difference of 790,765.72 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.2999
15.7421
JanuMarcMayJulySeptNove

THB to SDG 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 16.4775, compared to 17.4918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0143 points.

H1 Avg (Jan–Jun) 16.4775
H2 Avg (Jul–Dec) 17.4918

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.2348 SDG (High: 16.6620 / Low: 15.4273). On the other end, February was the most stable month, with a tight range of 0.3731 SDG (High: 17.0137 / Low: 16.6406).

May Spread (Volatile) ±1.2348
February Spread (Stable) ±0.3731

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 March and April, when the average rate fell by 0.5658 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 18.0868) against the same month in 2023 (average: 16.7936), the exchange rate shifted by +1.2932 (+7.70%).

2024 Avg (September) 18.0868
2023 Avg (September) 16.7936

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.5321 16.8039 17.0896
February 17.0137 16.6406 16.7648
March 17.0005 16.0874 16.5211
April 16.4069 15.7527 15.9553
May 16.6620 15.4273 16.3651
June 16.4131 15.8679 16.1691
July 16.9437 16.1196 16.4164
August 17.7587 16.8904 17.3347
September 18.5903 17.5459 18.0868
October 18.4793 17.7853 18.0210
November 17.9338 17.2005 17.4804
December 17.8381 17.3811 17.6117