YEARLY HIGH
0.2889 NOK
YEARLY LOW
0.2493 NOK
YEARLY AVERAGE
0.2692 NOK

2021 THB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the THB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.2889. Conversely, the yearly low was recorded on October 20, dropping to 0.2493.

This high-to-low spread represents a total annual volatility of 0.0396 NOK. From a start-to-finish perspective, comparing the January average rate of 0.2840 to the December average rate of 0.2675, the exchange rate registered a net change of -5.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2889 was down 20.46% compared to the 2020 peak of 0.3632, 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 72,219 NOK
2020 Average 75,231 NOK
Yearly Trough Low 62,327 NOK
Transaction Impact: A difference of 9,892.11 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2871
0.2498
JanuMarcMayJulySeptNove

THB to NOK 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 0.2744, compared to 0.2639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.2744
H2 Avg (Jul–Dec) 0.2639

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0193 NOK (High: 0.2722 / Low: 0.2529). On the other end, May was the most stable month, with a tight range of 0.0059 NOK (High: 0.2681 / Low: 0.2621).

November Spread (Volatile) ±0.0193
May Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between May and July, 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 September and October, when the average rate fell by 0.0092 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.2840) against the same month in 2020 (average: 0.2940), the exchange rate shifted by -0.0100 (-3.41%).

2021 Avg (January) 0.2840
2020 Avg (January) 0.2940

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2889 0.2795 0.2840
February 0.2870 0.2787 0.2833
March 0.2832 0.2731 0.2770
April 0.2733 0.2609 0.2680
May 0.2681 0.2621 0.2658
June 0.2759 0.2649 0.2684
July 0.2742 0.2657 0.2688
August 0.2712 0.2642 0.2676
September 0.2693 0.2559 0.2621
October 0.2570 0.2493 0.2529
November 0.2722 0.2529 0.2648
December 0.2722 0.2620 0.2675