YEARLY HIGH
45.0288 THB
YEARLY LOW
42.6315 THB
YEARLY AVERAGE
43.6942 THB

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.

Transfer Payout Power Comparison

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

Yearly Peak High 225,144 THB
2016 Average 239,115 THB
Yearly Trough Low 213,157 THB
Transaction Impact: A difference of 11,986.86 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

44.6505
42.9040
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 43.6832
H2 Avg (Jul–Dec) 43.7052

Volatility Range Comparison

Volatility

The 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).

September Spread (Volatile) ±2.1274
March Spread (Stable) ±0.5835

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0002

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (May) 44.5050
2016 Avg (May) 51.3942

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