2024 THB to XOF Historical Review

YEARLY HIGH

18.4716 XOF

YEARLY LOW

16.4262 XOF

YEARLY AVERAGE

17.2128 XOF

2024 THB to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 18.4716. Conversely, the yearly low was recorded on June 3, dropping to 16.4262.

This high-to-low spread represents a total annual volatility of 2.0455 XOF. From a start-to-finish perspective, comparing the January average rate of 17.0956 to the December average rate of 18.3406, the exchange rate registered a net change of 7.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.4716 was down 0.01% compared to the 2023 peak of 18.4742, 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 4,617,912 XOF

2023 Average 4,360,721 XOF

Yearly Trough Low 4,106,546 XOF

Transaction Impact: A difference of 511,366.31 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.5173

16.3962

JanuMarcMayJulySeptNove

THB to XOF 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 16.7771, compared to 17.6485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8714 points.

H1 Avg (Jan–Jun) 16.7771

H2 Avg (Jul–Dec) 17.6485

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.8552 XOF (High: 18.1737 / Low: 17.3185). On the other end, May was the most stable month, with a tight range of 0.2603 XOF (High: 16.7263 / Low: 16.4660).

September Spread (Volatile) ±0.8552

May Spread (Stable) ±0.2603

Growth Streaks & Declines

Trends

Between May and October, 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 February and March, when the average rate fell by 0.1634 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1634

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 18.3406) against the same month in 2023 (average: 17.2063), the exchange rate shifted by +1.1342 (+6.59%).

2024 Avg (December) 18.3406

2023 Avg (December) 17.2063

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.4887	16.8551	17.0956
February	17.1463	16.8166	16.9534
March	16.9553	16.6240	16.7900
April	16.9481	16.4517	16.6447
May	16.7263	16.4660	16.5730
June	16.7320	16.4262	16.6058
July	17.0712	16.5639	16.6812
August	17.4441	16.8562	17.1463
September	18.1737	17.3185	17.7523
October	18.2452	17.7949	18.0342
November	18.2683	17.7342	17.9361
December	18.4716	18.1007	18.3406