YEARLY HIGH
24.0122 THB
YEARLY LOW
21.3695 THB
YEARLY AVERAGE
22.6057 THB

2021 NZD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 24.0122. Conversely, the yearly low was recorded on January 19, dropping to 21.3695.

This high-to-low spread represents a total annual volatility of 2.6427 THB. From a start-to-finish perspective, comparing the January average rate of 21.5648 to the December average rate of 22.7631, the exchange rate registered a net change of 5.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 24.0122 was up 11.24% compared to the 2020 peak of 21.5851, 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 120,061 THB
2020 Average 101,641 THB
Yearly Trough Low 106,847 THB
Transaction Impact: A difference of 13,213.67 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

23.8229
21.3595
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 22.0775, compared to 23.1339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0563 points.

H1 Avg (Jan–Jun) 22.0775
H2 Avg (Jul–Dec) 23.1339

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.0596 THB (High: 23.9104 / Low: 22.8508). On the other end, May was the most stable month, with a tight range of 0.4873 THB (High: 22.7896 / Low: 22.3024).

November Spread (Volatile) ±1.0596
May Spread (Stable) ±0.4873

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.4329 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4329

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 23.6176) against the same month in 2020 (average: 20.7463), the exchange rate shifted by +2.8713 (+13.84%).

2021 Avg (October) 23.6176
2020 Avg (October) 20.7463

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.8606 21.3695 21.5648
February 22.3662 21.4790 21.7567
March 22.2576 21.6217 21.9499
April 22.7787 21.9148 22.3071
May 22.7896 22.3024 22.5849
June 22.6060 21.8027 22.3019
July 23.0378 22.3419 22.8123
August 23.4765 22.6904 23.0864
September 23.5972 22.8129 23.3276
October 24.0122 23.0753 23.6176
November 23.9104 22.8508 23.1960
December 23.0568 22.4375 22.7631