YEARLY HIGH
1.0060 THB
YEARLY LOW
0.7606 THB
YEARLY AVERAGE
0.8995 THB

2020 ETB to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 1.0060. Conversely, the yearly low was recorded on December 30, dropping to 0.7606.

This high-to-low spread represents a total annual volatility of 0.2455 THB. From a start-to-finish perspective, comparing the January average rate of 0.9489 to the December average rate of 0.7769, the exchange rate registered a net change of -18.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0060 was down 12.57% compared to the 2019 peak of 1.1507, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,030 THB
2019 Average 5,318 THB
Yearly Trough Low 3,803 THB
Transaction Impact: A difference of 1,227.26 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0087
0.7558
JanuMarcMayJulySeptNove

ETB 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 0.9586, compared to 0.8404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1181 points.

H1 Avg (Jan–Jun) 0.9586
H2 Avg (Jul–Dec) 0.8404

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0511 THB (High: 0.9804 / Low: 0.9293). On the other end, February was the most stable month, with a tight range of 0.0226 THB (High: 0.9892 / Low: 0.9666).

May Spread (Volatile) ±0.0511
February Spread (Stable) ±0.0226

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 May and June, when the average rate fell by 0.0451 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0451

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.9876) against the same month in 2019 (average: 1.1061), the exchange rate shifted by -0.1185 (-10.71%).

2020 Avg (April) 0.9876
2019 Avg (April) 1.1061

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9722 0.9372 0.9489
February 0.9892 0.9666 0.9763
March 1.0044 0.9661 0.9831
April 1.0060 0.9694 0.9876
May 0.9804 0.9293 0.9503
June 0.9251 0.8809 0.9051
July 0.9113 0.8821 0.8929
August 0.8937 0.8597 0.8733
September 0.8700 0.8456 0.8559
October 0.8594 0.8198 0.8400
November 0.8254 0.7927 0.8036
December 0.7910 0.7606 0.7769