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2021 THB to PEN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the THB to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 0.1268. Conversely, the yearly low was recorded on April 9, dropping to 0.1142.
This high-to-low spread represents a total annual volatility of 0.0126 PEN. From a start-to-finish perspective, comparing the January average rate of 0.1209 to the December average rate of 0.1205, the exchange rate registered a net change of -0.26% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 0.1268 was up 4.31% compared to the 2020 peak of 0.1216, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
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THB to PEN 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: JanâJun) was 0.1209, compared to 0.1217 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 0.0007 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 0.0077 PEN (High: 0.1219 / Low: 0.1142). On the other end, March was the most stable month, with a tight range of 0.0014 PEN (High: 0.1210 / Low: 0.1197).
Growth Streaks & Declines
TrendsBetween April and June, 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 September and October, when the average rate fell by 0.0043 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2021: 0.1232) against the same month in 2020 (average: 0.1140), the exchange rate shifted by +0.0092 (+8.06%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 0.1218 | 0.1197 | 0.1209 |
| February | 0.1221 | 0.1197 | 0.1214 |
| March | 0.1210 | 0.1197 | 0.1204 |
| April | 0.1219 | 0.1142 | 0.1178 |
| May | 0.1231 | 0.1168 | 0.1206 |
| June | 0.1257 | 0.1225 | 0.1245 |
| July | 0.1241 | 0.1187 | 0.1206 |
| August | 0.1268 | 0.1192 | 0.1232 |
| September | 0.1267 | 0.1217 | 0.1243 |
| October | 0.1232 | 0.1174 | 0.1201 |
| November | 0.1231 | 0.1195 | 0.1214 |
| December | 0.1220 | 0.1184 | 0.1205 |