2024 THB to SRD Historical Review

YEARLY HIGH

1.0719 SRD

YEARLY LOW

0.7986 SRD

YEARLY AVERAGE

0.9408 SRD

2024 THB to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.0719. Conversely, the yearly low was recorded on July 25, dropping to 0.7986.

This high-to-low spread represents a total annual volatility of 0.2733 SRD. From a start-to-finish perspective, comparing the January average rate of 1.0433 to the December average rate of 1.0312, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0719 was down 5.16% compared to the 2023 peak of 1.1302, 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 267,981 SRD

2023 Average 263,140 SRD

Yearly Trough Low 199,655 SRD

Transaction Impact: A difference of 68,325.56 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0656

0.7971

JanuMarcMayJulySeptNove

THB to SRD 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 0.9532, compared to 0.9285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0248 points.

H1 Avg (Jan–Jun) 0.9532

H2 Avg (Jul–Dec) 0.9285

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.1063 SRD (High: 0.9488 / Low: 0.8426). On the other end, December was the most stable month, with a tight range of 0.0304 SRD (High: 1.0466 / Low: 1.0162).

September Spread (Volatile) ±0.1063

December Spread (Stable) ±0.0304

Growth Streaks & Declines

Trends

Between July and December, 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 April and May, when the average rate fell by 0.0506 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.0433) against the same month in 2023 (average: 0.9584), the exchange rate shifted by +0.0848 (+8.85%).

2024 Avg (January) 1.0433

2023 Avg (January) 0.9584

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0719	1.0231	1.0433
February	1.0398	0.9822	1.0087
March	1.0018	0.9572	0.9804
April	0.9598	0.9090	0.9417
May	0.9170	0.8748	0.8911
June	0.8804	0.8305	0.8542
July	0.8389	0.7986	0.8195
August	0.8499	0.8078	0.8299
September	0.9488	0.8426	0.8936
October	1.0198	0.9263	0.9741
November	1.0407	1.0078	1.0225
December	1.0466	1.0162	1.0312