YEARLY HIGH
3.3436 CVE
YEARLY LOW
2.9828 CVE
YEARLY AVERAGE
3.1849 CVE

2019 THB to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the THB to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 3.3436. Conversely, the yearly low was recorded on January 1, dropping to 2.9828.

This high-to-low spread represents a total annual volatility of 0.3608 CVE. From a start-to-finish perspective, comparing the January average rate of 3.0445 to the December average rate of 3.3017, the exchange rate registered a net change of 8.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 3.3436 was up 11.65% compared to the 2018 peak of 2.9948, 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 835,894 CVE
2018 Average 725,035 CVE
Yearly Trough Low 745,694 CVE
Transaction Impact: A difference of 90,199.80 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

3.3383
3.0178
JanuMarcMayJulySeptNove

THB to CVE 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 3.0996, compared to 3.2702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1705 points.

H1 Avg (Jan–Jun) 3.0996
H2 Avg (Jul–Dec) 3.2702

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.1163 CVE (High: 3.0991 / Low: 2.9828). On the other end, April was the most stable month, with a tight range of 0.0344 CVE (High: 3.1122 / Low: 3.0778).

January Spread (Volatile) ±0.1163
April Spread (Stable) ±0.0344

Growth Streaks & Declines

Trends

Between March and November, 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 February and March, when the average rate fell by 0.0267 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 3.3116) against the same month in 2018 (average: 2.9484), the exchange rate shifted by +0.3632 (+12.32%).

2019 Avg (November) 3.3116
2018 Avg (November) 2.9484

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0991 2.9828 3.0445
February 3.1417 3.0792 3.1102
March 3.1084 3.0574 3.0835
April 3.1122 3.0778 3.0922
May 3.1522 3.0815 3.1111
June 3.1842 3.1181 3.1563
July 3.2224 3.1684 3.1930
August 3.3009 3.1936 3.2321
September 3.3073 3.2557 3.2850
October 3.3177 3.2776 3.2977
November 3.3436 3.2873 3.3116
December 3.3433 3.2804 3.3017