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2021 THB to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the THB to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 18.2220. Conversely, the yearly low was recorded on September 28, dropping to 16.5854.
This high-to-low spread represents a total annual volatility of 1.6366 XAF. From a start-to-finish perspective, comparing the January average rate of 17.9639 to the December average rate of 17.2958, the exchange rate registered a net change of -3.72% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 18.2220 was down 6.65% compared to the 2020 peak of 19.5198, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
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THB to XAF 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 17.6788, compared to 17.0449 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.6338 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 0.7944 XAF (High: 17.7619 / Low: 16.9676). On the other end, March was the most stable month, with a tight range of 0.2249 XAF (High: 18.0335 / Low: 17.8086).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4031 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2021: 18.0637) against the same month in 2020 (average: 19.1751), the exchange rate shifted by -1.1114 (-5.80%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 18.0964 | 17.7643 | 17.9639 |
| February | 18.2220 | 17.8164 | 18.0637 |
| March | 18.0335 | 17.8086 | 17.9113 |
| April | 17.8499 | 17.2528 | 17.5083 |
| May | 17.5467 | 17.0826 | 17.2778 |
| June | 17.5885 | 17.1542 | 17.3477 |
| July | 17.2577 | 16.7850 | 16.9916 |
| August | 17.2596 | 16.6677 | 16.8426 |
| September | 17.1554 | 16.5854 | 16.8624 |
| October | 17.0939 | 16.7085 | 16.8992 |
| November | 17.7619 | 16.9676 | 17.3782 |
| December | 17.5130 | 17.1204 | 17.2958 |