YEARLY HIGH
19.0487 THB
YEARLY LOW
17.1702 THB
YEARLY AVERAGE
18.2452 THB

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.

Transfer Payout Power Comparison

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

Yearly Peak High 95,243 THB
2019 Average 88,832 THB
Yearly Trough Low 85,851 THB
Transaction Impact: A difference of 9,392.50 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.0511
17.1073
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 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.

H1 Avg (Jan–Jun) 17.8037
H2 Avg (Jul–Dec) 18.6867

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±1.1036
December Spread (Stable) ±0.2678

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3786

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (September) 18.8891
2019 Avg (September) 17.1969

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