2020 BGN to THB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BGN to THB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BGN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 19.0487. Conversely, the yearly low was recorded on January 12, dropping to 17.1702.
This high-to-low spread represents a total annual volatility of 1.8785 THB. From a start-to-finish perspective, comparing the January average rate of 17.2693 to the December average rate of 18.7079, the exchange rate registered a net change of 8.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 19.0487 was up 0.10% compared to the 2019 peak of 19.0306, 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 2020.
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 17.8037, compared to 18.6867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8830 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 1.1036 THB (High: 18.9774 / Low: 17.8738). On the other end, December was the most stable month, with a tight range of 0.2678 THB (High: 18.8366 / Low: 18.5688).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3786 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2020: 18.8891) against the same month in 2019 (average: 17.1969), the exchange rate shifted by +1.6922 (+9.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.6755 | 17.1702 | 17.2693 |
| February | 17.8288 | 17.2260 | 17.4973 |
| March | 18.5137 | 17.7507 | 18.1172 |
| April | 18.5335 | 17.8295 | 18.1364 |
| May | 18.2273 | 17.7203 | 17.8865 |
| June | 18.2786 | 17.7050 | 17.9156 |
| July | 18.9774 | 17.8738 | 18.4065 |
| August | 19.0482 | 18.6750 | 18.8835 |
| September | 19.0487 | 18.7712 | 18.8891 |
| October | 18.9871 | 18.5337 | 18.8059 |
| November | 18.6004 | 18.2268 | 18.4272 |
| December | 18.8366 | 18.5688 | 18.7079 |