YEARLY HIGH
0.0603 THB
YEARLY LOW
0.0130 THB
YEARLY AVERAGE
0.0317 THB

2021 SYP to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0603. Conversely, the yearly low was recorded on November 20, dropping to 0.0130.

This high-to-low spread represents a total annual volatility of 0.0472 THB. From a start-to-finish perspective, comparing the January average rate of 0.0585 to the December average rate of 0.0134, the exchange rate registered a net change of -77.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0603 was down 6.31% compared to the 2020 peak of 0.0643, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 301 THB
2020 Average 305 THB
Yearly Trough Low 65 THB
Transaction Impact: A difference of 236.03 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0631
0.0088
JanuMarcMayJulySeptNove

SYP 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 0.0402, compared to 0.0233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0169 points.

H1 Avg (Jan–Jun) 0.0402
H2 Avg (Jul–Dec) 0.0233

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0356 THB (High: 0.0603 / Low: 0.0247). On the other end, December was the most stable month, with a tight range of 0.0003 THB (High: 0.0135 / Low: 0.0132).

March Spread (Volatile) ±0.0356
December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0242 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0491) against the same month in 2020 (average: 0.0623), the exchange rate shifted by -0.0131 (-21.08%).

2021 Avg (March) 0.0491
2020 Avg (March) 0.0623

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0588 0.0582 0.0585
February 0.0594 0.0582 0.0586
March 0.0603 0.0247 0.0491
April 0.0251 0.0248 0.0249
May 0.0250 0.0247 0.0249
June 0.0255 0.0247 0.0250
July 0.0262 0.0255 0.0260
August 0.0266 0.0256 0.0263
September 0.0270 0.0257 0.0263
October 0.0270 0.0263 0.0266
November 0.0265 0.0130 0.0210
December 0.0135 0.0132 0.0134