2018 BGN to THB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BGN to THB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BGN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 20.0702. Conversely, the yearly low was recorded on December 31, dropping to 18.8730.
This high-to-low spread represents a total annual volatility of 1.1973 THB. From a start-to-finish perspective, comparing the January average rate of 19.8860 to the December average rate of 19.0236, the exchange rate registered a net change of -4.34% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 20.0702 was down 1.67% compared to the 2017 peak of 20.4113, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BGN to THB 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 19.6381, compared to 19.3669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2713 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 0.6319 THB (High: 19.7022 / Low: 19.0703). On the other end, July was the most stable month, with a tight range of 0.2688 THB (High: 19.9903 / Low: 19.7216).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.3952 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 19.8789) against the same month in 2017 (average: 19.0495), the exchange rate shifted by +0.8294 (+4.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.0257 | 19.6547 | 19.8860 |
| February | 20.0702 | 19.6319 | 19.8789 |
| March | 19.8888 | 19.5248 | 19.7137 |
| April | 19.7707 | 19.4810 | 19.6419 |
| May | 19.5239 | 18.9600 | 19.3218 |
| June | 19.7022 | 19.0703 | 19.3864 |
| July | 19.9903 | 19.7216 | 19.8796 |
| August | 19.7915 | 19.2991 | 19.4844 |
| September | 19.5274 | 19.1637 | 19.4131 |
| October | 19.4450 | 19.0980 | 19.2512 |
| November | 19.2895 | 19.0046 | 19.1492 |
| December | 19.1537 | 18.8730 | 19.0236 |