YEARLY HIGH
0.0543 BGN
YEARLY LOW
0.0494 BGN
YEARLY AVERAGE
0.0518 BGN

2021 THB to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the THB to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0543. Conversely, the yearly low was recorded on September 29, dropping to 0.0494.

This high-to-low spread represents a total annual volatility of 0.0049 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0535 to the December average rate of 0.0516, the exchange rate registered a net change of -3.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0543 was down 6.79% compared to the 2020 peak of 0.0582, 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 13,571 BGN
2020 Average 13,712 BGN
Yearly Trough Low 12,346 BGN
Transaction Impact: A difference of 1,224.85 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0542
0.0499
JanuMarcMayJulySeptNove

THB to BGN 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 0.0527, compared to 0.0508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0527
H2 Avg (Jul–Dec) 0.0508

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0023 BGN (High: 0.0529 / Low: 0.0506). On the other end, March was the most stable month, with a tight range of 0.0007 BGN (High: 0.0538 / Low: 0.0531).

November Spread (Volatile) ±0.0023
March Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0538) against the same month in 2020 (average: 0.0572), the exchange rate shifted by -0.0033 (-5.79%).

2021 Avg (February) 0.0538
2020 Avg (February) 0.0572

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0540 0.0530 0.0535
February 0.0543 0.0530 0.0538
March 0.0538 0.0531 0.0534
April 0.0533 0.0515 0.0522
May 0.0523 0.0509 0.0515
June 0.0525 0.0511 0.0517
July 0.0515 0.0501 0.0507
August 0.0515 0.0496 0.0502
September 0.0511 0.0494 0.0502
October 0.0509 0.0498 0.0504
November 0.0529 0.0506 0.0518
December 0.0522 0.0511 0.0516