YEARLY HIGH
0.3404 THB
YEARLY LOW
0.1262 THB
YEARLY AVERAGE
0.3218 THB

2020 CVE to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.3404. Conversely, the yearly low was recorded on March 18, dropping to 0.1262.

This high-to-low spread represents a total annual volatility of 0.2142 THB. From a start-to-finish perspective, comparing the January average rate of 0.3052 to the December average rate of 0.3307, 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 0.3404 was up 1.54% compared to the 2019 peak of 0.3353, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,702 THB
2019 Average 1,571 THB
Yearly Trough Low 631 THB
Transaction Impact: A difference of 1,071.20 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3373
0.3023
JanuMarcMayJulySeptNove

CVE 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 0.3135, compared to 0.3302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0167 points.

H1 Avg (Jan–Jun) 0.3135
H2 Avg (Jul–Dec) 0.3302

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1992 THB (High: 0.3254 / Low: 0.1262). On the other end, December was the most stable month, with a tight range of 0.0050 THB (High: 0.3334 / Low: 0.3284).

March Spread (Volatile) ±0.1992
December Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0068 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.3344) against the same month in 2019 (average: 0.3094), the exchange rate shifted by +0.0250 (+8.07%).

2020 Avg (August) 0.3344
2019 Avg (August) 0.3094

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3115 0.3037 0.3052
February 0.3142 0.3045 0.3090
March 0.3254 0.1262 0.3134
April 0.3265 0.3155 0.3205
May 0.3232 0.3131 0.3163
June 0.3218 0.3129 0.3165
July 0.3339 0.3134 0.3244
August 0.3404 0.3286 0.3344
September 0.3382 0.3318 0.3341
October 0.3352 0.3285 0.3321
November 0.3296 0.3223 0.3253
December 0.3334 0.3284 0.3307