2024 THB to SGD Historical Review

YEARLY HIGH

0.0399 SGD

YEARLY LOW

0.0366 SGD

YEARLY AVERAGE

0.0379 SGD

2024 THB to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0399. Conversely, the yearly low was recorded on June 9, dropping to 0.0366.

This high-to-low spread represents a total annual volatility of 0.0033 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0380 to the December average rate of 0.0396, the exchange rate registered a net change of 4.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0399 was down 1.35% compared to the 2023 peak of 0.0404, 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 9,971 SGD

2023 Average 9,660 SGD

Yearly Trough Low 9,156 SGD

Transaction Impact: A difference of 814.31 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0398

0.0366

JanuMarcMayJulySeptNove

THB to SGD 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 0.0373, compared to 0.0386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0373

H2 Avg (Jul–Dec) 0.0386

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0015 SGD (High: 0.0397 / Low: 0.0381). On the other end, June was the most stable month, with a tight range of 0.0003 SGD (High: 0.0370 / Low: 0.0366).

September Spread (Volatile) ±0.0015

June Spread (Stable) ±0.0003

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 January and February, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0396) against the same month in 2023 (average: 0.0381), the exchange rate shifted by +0.0014 (+3.70%).

2024 Avg (December) 0.0396

2023 Avg (December) 0.0381

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0387	0.0375	0.0380
February	0.0379	0.0373	0.0375
March	0.0377	0.0370	0.0373
April	0.0375	0.0367	0.0369
May	0.0373	0.0367	0.0369
June	0.0370	0.0366	0.0368
July	0.0376	0.0368	0.0371
August	0.0384	0.0373	0.0379
September	0.0397	0.0381	0.0390
October	0.0396	0.0388	0.0393
November	0.0392	0.0384	0.0388
December	0.0399	0.0390	0.0396