YEARLY HIGH
0.1024 THB
YEARLY LOW
0.0817 THB
YEARLY AVERAGE
0.0863 THB

2019 NGN to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.1024. Conversely, the yearly low was recorded on December 31, dropping to 0.0817.

This high-to-low spread represents a total annual volatility of 0.0207 THB. From a start-to-finish perspective, comparing the January average rate of 0.0875 to the December average rate of 0.0833, the exchange rate registered a net change of -4.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1024 was up 10.13% compared to the 2018 peak of 0.0930, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 102,398 THB
2018 Average 89,434 THB
Yearly Trough Low 81,729 THB
Transaction Impact: A difference of 20,669.11 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0905
0.0827
JanuMarcMayJulySeptNove

NGN 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 0.0881, compared to 0.0844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0881
H2 Avg (Jul–Dec) 0.0844

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0173 THB (High: 0.1024 / Low: 0.0851). On the other end, November was the most stable month, with a tight range of 0.0008 THB (High: 0.0840 / Low: 0.0832).

June Spread (Volatile) ±0.0173
November Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and April, 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 June and July, when the average rate fell by 0.0043 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.0898) against the same month in 2018 (average: 0.0901), the exchange rate shifted by -0.0003 (-0.34%).

2019 Avg (June) 0.0898
2018 Avg (June) 0.0901

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0891 0.0861 0.0875
February 0.0873 0.0859 0.0866
March 0.0886 0.0876 0.0881
April 0.0891 0.0877 0.0884
May 0.0889 0.0874 0.0883
June 0.1024 0.0851 0.0898
July 0.0861 0.0847 0.0855
August 0.0999 0.0834 0.0857
September 0.0854 0.0836 0.0845
October 0.0847 0.0832 0.0839
November 0.0840 0.0832 0.0835
December 0.0838 0.0817 0.0833