2022 NGN to THB Historical Review

YEARLY HIGH

0.0883 THB

YEARLY LOW

0.0771 THB

YEARLY AVERAGE

0.0827 THB

2022 NGN to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 22, valuing the pair at 0.0883. Conversely, the yearly low was recorded on December 31, dropping to 0.0771.

This high-to-low spread represents a total annual volatility of 0.0112 THB. From a start-to-finish perspective, comparing the January average rate of 0.0803 to the December average rate of 0.0780, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0883 was up 6.90% compared to the 2021 peak of 0.0826, 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 88,302 THB

2021 Average 79,310 THB

Yearly Trough Low 77,063 THB

Transaction Impact: A difference of 11,239.17 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0880

0.0771

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 0.0811, compared to 0.0842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0811

H2 Avg (Jul–Dec) 0.0842

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0076 THB (High: 0.0867 / Low: 0.0790). On the other end, May was the most stable month, with a tight range of 0.0017 THB (High: 0.0836 / Low: 0.0820).

November Spread (Volatile) ±0.0076

May Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0049 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 0.0867) against the same month in 2021 (average: 0.0794), the exchange rate shifted by +0.0073 (+9.23%).

2022 Avg (July) 0.0867

2021 Avg (July) 0.0794

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0818	0.0793	0.0803
February	0.0799	0.0772	0.0784
March	0.0813	0.0781	0.0799
April	0.0829	0.0804	0.0813
May	0.0836	0.0820	0.0828
June	0.0856	0.0824	0.0840
July	0.0883	0.0854	0.0867
August	0.0872	0.0837	0.0851
September	0.0880	0.0841	0.0863
October	0.0879	0.0861	0.0871
November	0.0867	0.0790	0.0822
December	0.0790	0.0771	0.0780