YEARLY HIGH
13.7535 NGN
YEARLY LOW
12.1066 NGN
YEARLY AVERAGE
12.6212 NGN

2021 THB to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the THB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 13.7535. Conversely, the yearly low was recorded on April 27, dropping to 12.1066.

This high-to-low spread represents a total annual volatility of 1.6469 NGN. From a start-to-finish perspective, comparing the January average rate of 12.9219 to the December average rate of 12.2586, the exchange rate registered a net change of -5.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.7535 was up 4.72% compared to the 2020 peak of 13.1336, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 3,438,386 NGN
2020 Average 3,040,614 NGN
Yearly Trough Low 3,026,654 NGN
Transaction Impact: A difference of 411,732.76 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13.1756
12.1752
JanuMarcMayJulySeptNove

THB to NGN 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 12.8352, compared to 12.4072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4280 points.

H1 Avg (Jan–Jun) 12.8352
H2 Avg (Jul–Dec) 12.4072

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 1.2463 NGN (High: 13.7535 / Low: 12.5073). On the other end, December was the most stable month, with a tight range of 0.3029 NGN (High: 12.4099 / Low: 12.1070).

February Spread (Volatile) ±1.2463
December Spread (Stable) ±0.3029

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.4949 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4949

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 12.9856) against the same month in 2020 (average: 11.6166), the exchange rate shifted by +1.3690 (+11.78%).

2021 Avg (February) 12.9856
2020 Avg (February) 11.6166

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.1684 12.6701 12.9219
February 13.7535 12.5073 12.9856
March 13.3202 12.2420 12.6069
April 13.1725 12.1066 12.4731
May 13.2128 12.1251 12.9314
June 13.2785 12.7741 13.0923
July 12.8182 12.4749 12.5974
August 12.7823 12.2925 12.4372
September 12.7439 12.1270 12.4546
October 12.4744 12.1147 12.2802
November 12.6212 12.1700 12.4154
December 12.4099 12.1070 12.2586