2020 NGN to THB Historical Review

YEARLY HIGH

0.0900 THB

YEARLY LOW

0.0761 THB

YEARLY AVERAGE

0.0823 THB

2020 NGN to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.0900. Conversely, the yearly low was recorded on December 26, dropping to 0.0761.

This high-to-low spread represents a total annual volatility of 0.0139 THB. From a start-to-finish perspective, comparing the January average rate of 0.0840 to the December average rate of 0.0783, the exchange rate registered a net change of -6.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0900 was down 12.07% compared to the 2019 peak of 0.1024, 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 90,036 THB

2019 Average 86,257 THB

Yearly Trough Low 76,141 THB

Transaction Impact: A difference of 13,894.93 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0873

0.0775

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 0.0840, compared to 0.0806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0840

H2 Avg (Jul–Dec) 0.0806

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0069 THB (High: 0.0899 / Low: 0.0830). On the other end, July was the most stable month, with a tight range of 0.0019 THB (High: 0.0819 / Low: 0.0800).

April Spread (Volatile) ±0.0069

July Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between January and March, 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 0.0024 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0865) against the same month in 2019 (average: 0.0881), the exchange rate shifted by -0.0016 (-1.82%).

2020 Avg (March) 0.0865

2019 Avg (March) 0.0881

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0862	0.0821	0.0840
February	0.0875	0.0851	0.0861
March	0.0900	0.0836	0.0865
April	0.0899	0.0830	0.0848
May	0.0838	0.0816	0.0824
June	0.0818	0.0796	0.0804
July	0.0819	0.0800	0.0810
August	0.0825	0.0802	0.0810
September	0.0831	0.0806	0.0817
October	0.0828	0.0808	0.0818
November	0.0820	0.0788	0.0797
December	0.0796	0.0761	0.0783