YEARLY HIGH
8.7552 THB
YEARLY LOW
7.8868 THB
YEARLY AVERAGE
8.2453 THB

2021 PEN to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 8.7552. Conversely, the yearly low was recorded on August 31, dropping to 7.8868.

This high-to-low spread represents a total annual volatility of 0.8684 THB. From a start-to-finish perspective, comparing the January average rate of 8.2741 to the December average rate of 8.2963, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.7552 was down 9.96% compared to the 2020 peak of 9.7235, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 43,776 THB
2020 Average 44,796 THB
Yearly Trough Low 39,434 THB
Transaction Impact: A difference of 4,342.07 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

8.5369
7.9834
JanuMarcMayJulySeptNove

PEN 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 8.2712, compared to 8.2194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0518 points.

H1 Avg (Jan–Jun) 8.2712
H2 Avg (Jul–Dec) 8.2194

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.5513 THB (High: 8.7552 / Low: 8.2039). On the other end, March was the most stable month, with a tight range of 0.0942 THB (High: 8.3553 / Low: 8.2611).

April Spread (Volatile) ±0.5513
March Spread (Stable) ±0.0942

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, when the average rate fell by 0.2642 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2642

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 8.4908) against the same month in 2020 (average: 9.5977), the exchange rate shifted by -1.1069 (-11.53%).

2021 Avg (April) 8.4908
2020 Avg (April) 9.5977

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.3527 8.2102 8.2741
February 8.3534 8.1928 8.2363
March 8.3553 8.2611 8.3026
April 8.7552 8.2039 8.4908
May 8.5652 8.1241 8.2938
June 8.1620 7.9563 8.0295
July 8.4213 8.0603 8.2913
August 8.3912 7.8868 8.1153
September 8.2199 7.8940 8.0454
October 8.5181 8.1158 8.3316
November 8.3683 8.1209 8.2364
December 8.4489 8.1994 8.2963