YEARLY HIGH
21.5851 THB
YEARLY LOW
18.4715 THB
YEARLY AVERAGE
20.3271 THB

2020 NZD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 21.5851. Conversely, the yearly low was recorded on March 22, dropping to 18.4715.

This high-to-low spread represents a total annual volatility of 3.1136 THB. From a start-to-finish perspective, comparing the January average rate of 20.1134 to the December average rate of 21.3344, the exchange rate registered a net change of 6.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 21.5851 was down 1.42% compared to the 2019 peak of 21.8950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 107,926 THB
2019 Average 102,325 THB
Yearly Trough Low 92,358 THB
Transaction Impact: A difference of 15,567.98 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

21.5309
19.1734
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 19.7861, compared to 20.8681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0820 points.

H1 Avg (Jan–Jun) 19.7861
H2 Avg (Jul–Dec) 20.8681

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.4708 THB (High: 19.9423 / Low: 18.4715). On the other end, January was the most stable month, with a tight range of 0.2571 THB (High: 20.2532 / Low: 19.9961).

March Spread (Volatile) ±1.4708
January Spread (Stable) ±0.2571

Growth Streaks & Declines

Trends

Between May and July, 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 February and March, when the average rate fell by 0.6579 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6579

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 21.3344) against the same month in 2019 (average: 19.9380), the exchange rate shifted by +1.3964 (+7.00%).

2020 Avg (December) 21.3344
2019 Avg (December) 19.9380

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.2532 19.9961 20.1134
February 20.1721 19.7003 20.0277
March 19.9423 18.4715 19.3699
April 19.9612 19.1703 19.6132
May 19.7791 19.0181 19.5188
June 20.6226 19.7630 20.0736
July 21.0450 20.1057 20.6952
August 20.9683 20.3200 20.6190
September 21.1990 20.6657 20.9057
October 21.0103 20.5076 20.7463
November 21.3165 20.5848 20.9083
December 21.5851 21.1008 21.3344