2022 SGD to THB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 SGD to THB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the SGD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 26.9016. Conversely, the yearly low was recorded on February 20, dropping to 23.8912.
This high-to-low spread represents a total annual volatility of 3.0104 THB. From a start-to-finish perspective, comparing the January average rate of 24.5995 to the December average rate of 25.7009, the exchange rate registered a net change of 4.48% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 26.9016 was up 7.52% compared to the 2021 peak of 25.0196, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
SGD 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 24.6853, compared to 26.1020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4167 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 1.0611 THB (High: 26.5407 / Low: 25.4797). On the other end, May was the most stable month, with a tight range of 0.2887 THB (High: 25.0354 / Low: 24.7466).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 0.4996 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2022: 26.6376) against the same month in 2021 (average: 24.7714), the exchange rate shifted by +1.8662 (+7.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.7972 | 24.4149 | 24.5995 |
| February | 24.6195 | 23.8912 | 24.2056 |
| March | 24.8304 | 23.9754 | 24.4638 |
| April | 24.8889 | 24.5885 | 24.7316 |
| May | 25.0354 | 24.7466 | 24.8830 |
| June | 25.5856 | 24.9211 | 25.2281 |
| July | 26.5407 | 25.4797 | 26.0391 |
| August | 26.2558 | 25.6384 | 25.8732 |
| September | 26.4548 | 25.6377 | 26.1606 |
| October | 26.9016 | 26.1332 | 26.6376 |
| November | 26.7305 | 25.7640 | 26.2005 |
| December | 25.8477 | 25.5326 | 25.7009 |