YEARLY HIGH
1.9321 THB
YEARLY LOW
1.5501 THB
YEARLY AVERAGE
1.7428 THB

2022 MXN to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MXN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 1.9321. Conversely, the yearly low was recorded on March 7, dropping to 1.5501.

This high-to-low spread represents a total annual volatility of 0.3820 THB. From a start-to-finish perspective, comparing the January average rate of 1.6208 to the December average rate of 1.7742, the exchange rate registered a net change of 9.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.9321 was up 15.07% compared to the 2021 peak of 1.6790, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 96,603 THB
2021 Average 78,870 THB
Yearly Trough Low 77,505 THB
Transaction Impact: A difference of 19,097.88 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.9280
1.5630
JanuMarcMayJulySeptNove

MXN 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 1.6638, compared to 1.8219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1581 points.

H1 Avg (Jan–Jun) 1.6638
H2 Avg (Jul–Dec) 1.8219

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.1310 THB (High: 1.6811 / Low: 1.5501). On the other end, February was the most stable month, with a tight range of 0.0335 THB (High: 1.6151 / Low: 1.5815).

March Spread (Volatile) ±0.1310
February Spread (Stable) ±0.0335

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0913 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0913

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 1.8655) against the same month in 2021 (average: 1.5854), the exchange rate shifted by +0.2801 (+17.67%).

2022 Avg (November) 1.8655
2021 Avg (November) 1.5854

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6501 1.5988 1.6208
February 1.6151 1.5815 1.5934
March 1.6811 1.5501 1.6186
April 1.7013 1.6631 1.6830
May 1.7451 1.6769 1.7185
June 1.7836 1.7032 1.7485
July 1.7995 1.7347 1.7710
August 1.8188 1.7416 1.7794
September 1.8812 1.8055 1.8434
October 1.9219 1.8573 1.8976
November 1.9321 1.8207 1.8655
December 1.8179 1.7508 1.7742