YEARLY HIGH
2.3521 THB
YEARLY LOW
1.9882 THB
YEARLY AVERAGE
2.1519 THB

2019 SZL to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SZL to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 2.3521. Conversely, the yearly low was recorded on November 1, dropping to 1.9882.

This high-to-low spread represents a total annual volatility of 0.3639 THB. From a start-to-finish perspective, comparing the January average rate of 2.2910 to the December average rate of 2.0956, the exchange rate registered a net change of -8.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3521 was down 13.23% compared to the 2018 peak of 2.7107, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,761 THB
2018 Average 12,263 THB
Yearly Trough Low 9,941 THB
Transaction Impact: A difference of 1,819.52 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.3167
2.0090
JanuMarcMayJulySeptNove

SZL 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 2.2265, compared to 2.0772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1493 points.

H1 Avg (Jan–Jun) 2.2265
H2 Avg (Jul–Dec) 2.0772

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1861 THB (High: 2.1768 / Low: 1.9906). On the other end, April was the most stable month, with a tight range of 0.0640 THB (High: 2.2772 / Low: 2.2131).

August Spread (Volatile) ±0.1861
April Spread (Stable) ±0.0640

Growth Streaks & Declines

Trends

Between 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 0.1606 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1606

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 2.2718) against the same month in 2018 (average: 2.6582), the exchange rate shifted by -0.3864 (-14.53%).

2019 Avg (February) 2.2718
2018 Avg (February) 2.6582

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3418 2.2292 2.2910
February 2.3521 2.1932 2.2718
March 2.2736 2.1602 2.2092
April 2.2772 2.2131 2.2527
May 2.2338 2.1588 2.2053
June 2.1769 2.0790 2.1293
July 2.2289 2.1625 2.1952
August 2.1768 1.9906 2.0347
September 2.0940 2.0083 2.0581
October 2.0794 1.9962 2.0369
November 2.0676 1.9882 2.0429
December 2.1505 2.0458 2.0956