YEARLY HIGH
2.1530 THB
YEARLY LOW
1.6966 THB
YEARLY AVERAGE
1.9101 THB

2020 SZL to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SZL to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 2.1530. Conversely, the yearly low was recorded on April 23, dropping to 1.6966.

This high-to-low spread represents a total annual volatility of 0.4564 THB. From a start-to-finish perspective, comparing the January average rate of 2.1191 to the December average rate of 2.0181, the exchange rate registered a net change of -4.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.1530 was down 8.47% compared to the 2019 peak of 2.3521, 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 10,765 THB
2019 Average 10,756 THB
Yearly Trough Low 8,483 THB
Transaction Impact: A difference of 2,281.87 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.1551
1.7235
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 1.9139, compared to 1.9064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 1.9139
H2 Avg (Jul–Dec) 1.9064

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2334 THB (High: 2.0574 / Low: 1.8240). On the other end, February was the most stable month, with a tight range of 0.0535 THB (High: 2.1152 / Low: 2.0617).

March Spread (Volatile) ±0.2334
February Spread (Stable) ±0.0535

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 0.1708 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1708

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.1191) against the same month in 2019 (average: 2.2910), the exchange rate shifted by -0.1719 (-7.50%).

2020 Avg (January) 2.1191
2019 Avg (January) 2.2910

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1530 2.0898 2.1191
February 2.1152 2.0617 2.0911
March 2.0574 1.8240 1.9303
April 1.8484 1.6966 1.7595
May 1.8375 1.7289 1.7646
June 1.8786 1.7690 1.8186
July 1.9218 1.7984 1.8747
August 1.8774 1.7559 1.8154
September 1.9222 1.8443 1.8733
October 1.9369 1.8694 1.8981
November 1.9935 1.9123 1.9588
December 2.0719 1.9679 2.0181