YEARLY HIGH
41.8306 THB
YEARLY LOW
37.4807 THB
YEARLY AVERAGE
40.1341 THB

2020 FKP to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FKP to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 2, valuing the pair at 41.8306. Conversely, the yearly low was recorded on March 19, dropping to 37.4807.

This high-to-low spread represents a total annual volatility of 4.3499 THB. From a start-to-finish perspective, comparing the January average rate of 39.7786 to the December average rate of 40.4312, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 41.8306 was down 0.72% compared to the 2019 peak of 42.1356, 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 209,153 THB
2019 Average 198,224 THB
Yearly Trough Low 187,404 THB
Transaction Impact: A difference of 21,749.58 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

41.2203
38.7646
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 39.8304, compared to 40.4379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6075 points.

H1 Avg (Jan–Jun) 39.8304
H2 Avg (Jul–Dec) 40.4379

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.6450 THB (High: 41.1257 / Low: 37.4807). On the other end, October was the most stable month, with a tight range of 0.7175 THB (High: 40.9712 / Low: 40.2537).

March Spread (Volatile) ±3.6450
October Spread (Stable) ±0.7175

Growth Streaks & Declines

Trends

Between June and August, 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 April and May, when the average rate fell by 1.0801 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0801

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2020: 40.6101) against the same month in 2019 (average: 37.7407), the exchange rate shifted by +2.8694 (+7.60%).

2020 Avg (September) 40.6101
2019 Avg (September) 37.7407

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.2100 39.2306 39.7786
February 41.2837 40.3023 40.6394
March 41.1257 37.4807 39.6516
April 41.2369 39.8873 40.5117
May 40.5608 38.7503 39.4316
June 39.9929 38.0153 38.9693
July 41.0923 38.6891 39.7967
August 41.5285 40.5401 41.0157
September 41.8306 40.0066 40.6101
October 40.9712 40.2537 40.5582
November 40.6839 39.6510 40.2156
December 41.0049 39.7691 40.4312