2017 FKP to THB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 FKP to THB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the FKP to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 45.0288. Conversely, the yearly low was recorded on August 22, dropping to 42.6315.
This high-to-low spread represents a total annual volatility of 2.3974 THB. From a start-to-finish perspective, comparing the January average rate of 43.7840 to the December average rate of 43.7416, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 45.0288 was down 15.45% compared to the 2016 peak of 53.2561, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
FKP to THB 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: Jan–Jun) was 43.6832, compared to 43.7052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0221 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was September, with a trading range of 2.1274 THB (High: 44.9799 / Low: 42.8525). On the other end, March was the most stable month, with a tight range of 0.5835 THB (High: 43.3772 / Low: 42.7937).
Growth Streaks & Declines
TrendsBetween March and May, 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 May and June, when the average rate fell by 1.0002 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2017: 44.5050) against the same month in 2016 (average: 51.3942), the exchange rate shifted by -6.8892 (-13.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.4866 | 42.6507 | 43.7840 |
| February | 44.4913 | 43.2559 | 43.6823 |
| March | 43.3772 | 42.7937 | 43.0496 |
| April | 44.9475 | 42.8335 | 43.5733 |
| May | 45.0288 | 43.5822 | 44.5050 |
| June | 44.2338 | 42.9864 | 43.5048 |
| July | 44.2318 | 43.4712 | 43.8628 |
| August | 44.0347 | 42.6315 | 43.0833 |
| September | 44.9799 | 42.8525 | 44.1639 |
| October | 44.5952 | 43.5475 | 43.8616 |
| November | 44.1886 | 43.1934 | 43.5183 |
| December | 44.0369 | 43.3152 | 43.7416 |