2024 THB to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 THB to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the THB to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 381.7350. Conversely, the yearly low was recorded on April 30, dropping to 67.5411.
This high-to-low spread represents a total annual volatility of 314.1938 SYP. From a start-to-finish perspective, comparing the January average rate of 71.4444 to the December average rate of 182.5303, the exchange rate registered a net change of 155.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 381.7350 was up 395.95% compared to the 2023 peak of 76.9709, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
THB to SYP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 69.4841, compared to 91.3561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.8721 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 309.1321 SYP (High: 381.7350 / Low: 72.6028). On the other end, June was the most stable month, with a tight range of 1.0253 SYP (High: 69.0066 / Low: 67.9813).
Growth Streaks & Declines
TrendsBetween 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 2.2579 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 182.5303) against the same month in 2023 (average: 71.9926), the exchange rate shifted by +110.5376 (+153.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 73.2943 | 70.2501 | 71.4444 |
| February | 71.1271 | 69.5674 | 70.0966 |
| March | 71.0719 | 68.9120 | 69.9149 |
| April | 69.1892 | 67.5411 | 68.3532 |
| May | 69.6571 | 67.9429 | 68.6443 |
| June | 69.0066 | 67.9813 | 68.4510 |
| July | 70.7755 | 68.2502 | 69.3542 |
| August | 74.1800 | 70.5529 | 72.4088 |
| September | 77.6538 | 73.2911 | 75.5505 |
| October | 77.1899 | 74.2912 | 75.2755 |
| November | 74.9114 | 71.8482 | 73.0176 |
| December | 381.7350 | 72.6028 | 182.5303 |