YEARLY HIGH
648.0960 SLL
YEARLY LOW
563.6962 SLL
YEARLY AVERAGE
595.3992 SLL

2024 THB to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 648.0960. Conversely, the yearly low was recorded on April 30, dropping to 563.6962.

This high-to-low spread represents a total annual volatility of 84.3997 SLL. From a start-to-finish perspective, comparing the January average rate of 596.2726 to the December average rate of 613.9776, the exchange rate registered a net change of 2.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 648.0960 was up 5.63% compared to the 2023 peak of 613.5306, 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 162,023,995 SLL
2023 Average 137,118,313 SLL
Yearly Trough Low 140,924,059 SLL
Transaction Impact: A difference of 21,099,936.31 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

636.5487
564.4670
JanuMarcMayJulySeptNove

THB to SLL 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 579.9119, compared to 610.8865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.9745 points.

H1 Avg (Jan–Jun) 579.9119
H2 Avg (Jul–Dec) 610.8865

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 36.4104 SLL (High: 648.0960 / Low: 611.6856). On the other end, June was the most stable month, with a tight range of 8.5573 SLL (High: 575.9269 / Low: 567.3697).

September Spread (Volatile) ±36.4104
June Spread (Stable) ±8.5573

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 18.8442 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -18.8442

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 630.5419) against the same month in 2023 (average: 585.6866), the exchange rate shifted by +44.8553 (+7.66%).

2024 Avg (September) 630.5419
2023 Avg (September) 585.6866

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 611.7124 586.3052 596.2726
February 593.6248 580.6072 585.0239
March 593.1639 575.1371 583.5073
April 577.4509 563.6962 570.4738
May 581.3557 567.0498 572.9037
June 575.9269 567.3697 571.2901
July 590.6901 569.6144 578.8279
August 619.1040 588.8324 604.3217
September 648.0960 611.6856 630.5419
October 644.2243 620.0325 628.2470
November 625.2087 599.6426 609.4027
December 621.8713 605.9411 613.9776