YEARLY HIGH
19.0306 THB
YEARLY LOW
17.0122 THB
YEARLY AVERAGE
17.7682 THB

2019 BGN to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 19.0306. Conversely, the yearly low was recorded on November 27, dropping to 17.0122.

This high-to-low spread represents a total annual volatility of 2.0184 THB. From a start-to-finish perspective, comparing the January average rate of 18.5643 to the December average rate of 17.1606, the exchange rate registered a net change of -7.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 19.0306 was down 5.18% compared to the 2018 peak of 20.0702, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 95,153 THB
2018 Average 97,503 THB
Yearly Trough Low 85,061 THB
Transaction Impact: A difference of 10,091.99 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

18.7114
16.9468
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 18.2437, compared to 17.2927 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9509 points.

H1 Avg (Jan–Jun) 18.2437
H2 Avg (Jul–Dec) 17.2927

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.7671 THB (High: 19.0306 / Low: 18.2635). On the other end, April was the most stable month, with a tight range of 0.1952 THB (High: 18.3780 / Low: 18.1828).

January Spread (Volatile) ±0.7671
April Spread (Stable) ±0.1952

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3950 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.3950

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 18.5643) against the same month in 2018 (average: 19.8860), the exchange rate shifted by -1.3217 (-6.65%).

2019 Avg (January) 18.5643
2018 Avg (January) 19.8860

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.0306 18.2635 18.5643
February 18.3753 18.0283 18.1693
March 18.4851 18.2044 18.3265
April 18.3780 18.1828 18.2795
May 18.3187 17.9609 18.1857
June 18.1298 17.6594 17.9368
July 17.8003 17.4960 17.6735
August 17.6734 17.1732 17.4695
September 17.4013 17.0590 17.1969
October 17.2989 17.0233 17.1622
November 17.2391 17.0122 17.0938
December 17.2483 17.0226 17.1606