2019 NZD to THB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NZD to THB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NZD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 21.8950. Conversely, the yearly low was recorded on October 9, dropping to 19.0724.
This high-to-low spread represents a total annual volatility of 2.8225 THB. From a start-to-finish perspective, comparing the January average rate of 21.5640 to the December average rate of 19.9380, the exchange rate registered a net change of -7.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 21.8950 was down 6.41% compared to the 2018 peak of 23.3947, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
NZD to THB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 21.2338, compared to 19.7045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5293 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 0.9677 THB (High: 20.2727 / Low: 19.3049). On the other end, November was the most stable month, with a tight range of 0.2171 THB (High: 19.4254 / Low: 19.2084).
Growth Streaks & Declines
TrendsBetween October and December, 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 July and August, when the average rate fell by 0.8213 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2019: 21.6810) against the same month in 2018 (average: 22.6771), the exchange rate shifted by -0.9961 (-4.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.7919 | 21.3968 | 21.5640 |
| February | 21.5927 | 21.0713 | 21.3980 |
| March | 21.8950 | 21.5433 | 21.6810 |
| April | 21.5400 | 21.1500 | 21.3783 |
| May | 21.1855 | 20.5552 | 20.8650 |
| June | 20.8234 | 20.2145 | 20.5164 |
| July | 20.8731 | 20.2524 | 20.5801 |
| August | 20.2727 | 19.3049 | 19.7588 |
| September | 19.7049 | 19.0768 | 19.3594 |
| October | 19.4486 | 19.0724 | 19.2463 |
| November | 19.4254 | 19.2084 | 19.3445 |
| December | 20.2193 | 19.4353 | 19.9380 |