YEARLY HIGH
0.5504 SZL
YEARLY LOW
0.4868 SZL
YEARLY AVERAGE
0.5198 SZL

2024 THB to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.5504. Conversely, the yearly low was recorded on June 23, dropping to 0.4868.

This high-to-low spread represents a total annual volatility of 0.0637 SZL. From a start-to-finish perspective, comparing the January average rate of 0.5341 to the December average rate of 0.5336, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5504 was down 3.71% compared to the 2023 peak of 0.5717, 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 137,612 SZL
2023 Average 132,637 SZL
Yearly Trough Low 121,693 SZL
Transaction Impact: A difference of 15,919.20 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5373
0.4988
JanuMarcMayJulySeptNove

THB to SZL 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 0.5175, compared to 0.5220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.5175
H2 Avg (Jul–Dec) 0.5220

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0336 SZL (High: 0.5204 / Low: 0.4868). On the other end, May was the most stable month, with a tight range of 0.0105 SZL (High: 0.5074 / Low: 0.4969).

June Spread (Volatile) ±0.0336
May Spread (Stable) ±0.0105

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 0.0113 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5336) against the same month in 2023 (average: 0.5339), the exchange rate shifted by -0.0003 (-0.06%).

2024 Avg (December) 0.5336
2023 Avg (December) 0.5339

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5418 0.5261 0.5341
February 0.5363 0.5248 0.5292
March 0.5348 0.5164 0.5243
April 0.5214 0.5024 0.5129
May 0.5074 0.4969 0.5027
June 0.5204 0.4868 0.5020
July 0.5129 0.4911 0.5032
August 0.5255 0.5116 0.5194
September 0.5369 0.5189 0.5297
October 0.5331 0.5203 0.5262
November 0.5282 0.5060 0.5203
December 0.5504 0.5202 0.5336