2022 BGN to THB Historical Review

YEARLY HIGH

19.4997 THB

YEARLY LOW

18.2568 THB

YEARLY AVERAGE

18.8355 THB

2022 BGN to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 19.4997. Conversely, the yearly low was recorded on March 4, dropping to 18.2568.

This high-to-low spread represents a total annual volatility of 1.2429 THB. From a start-to-finish perspective, comparing the January average rate of 19.2309 to the December average rate of 18.8027, the exchange rate registered a net change of -2.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 19.4997 was down 3.70% compared to the 2021 peak of 20.2492, 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 97,498 THB

2021 Average 96,675 THB

Yearly Trough Low 91,284 THB

Transaction Impact: A difference of 6,214.70 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

19.3009

18.4607

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 18.8342, compared to 18.8367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 18.8342

H2 Avg (Jul–Dec) 18.8367

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.7654 THB (High: 19.0221 / Low: 18.2568). On the other end, May was the most stable month, with a tight range of 0.4151 THB (High: 18.8042 / Low: 18.3891).

March Spread (Volatile) ±0.7654

May Spread (Stable) ±0.4151

Growth Streaks & Declines

Trends

Between 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 0.3866 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3866

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 19.2309) against the same month in 2021 (average: 18.6773), the exchange rate shifted by +0.5536 (+2.96%).

2022 Avg (January) 19.2309

2021 Avg (January) 18.6773

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.4997	18.9755	19.2309
February	19.3546	18.6231	18.9233
March	19.0221	18.2568	18.7070
April	18.9422	18.4764	18.6835
May	18.8042	18.3891	18.5853
June	19.1485	18.5795	18.8753
July	19.2109	18.5747	18.9174
August	18.9537	18.2699	18.5308
September	19.0174	18.4356	18.7339
October	19.4348	18.7149	19.0711
November	19.1452	18.6579	18.9643
December	19.0645	18.5249	18.8027