2021 THB to CVE Historical Review

YEARLY HIGH

3.0743 CVE

YEARLY LOW

2.7939 CVE

YEARLY AVERAGE

2.9294 CVE

2021 THB to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the THB to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 3.0743. Conversely, the yearly low was recorded on August 7, dropping to 2.7939.

This high-to-low spread represents a total annual volatility of 0.2804 CVE. From a start-to-finish perspective, comparing the January average rate of 3.0311 to the December average rate of 2.9213, the exchange rate registered a net change of -3.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.0743 was down 61.21% compared to the 2020 peak of 7.9248, 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 768,575 CVE

2020 Average 779,411 CVE

Yearly Trough Low 698,484 CVE

Transaction Impact: A difference of 70,091.89 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.0710

2.8127

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 2.9848, compared to 2.8739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1109 points.

H1 Avg (Jan–Jun) 2.9848

H2 Avg (Jul–Dec) 2.8739

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1272 CVE (High: 2.9926 / Low: 2.8655). On the other end, March was the most stable month, with a tight range of 0.0469 CVE (High: 3.0493 / Low: 3.0023).

November Spread (Volatile) ±0.1272

March Spread (Stable) ±0.0469

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 0.0669 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0669

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 3.0495) against the same month in 2020 (average: 3.2370), the exchange rate shifted by -0.1875 (-5.79%).

2021 Avg (February) 3.0495

2020 Avg (February) 3.2370

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0540	2.9988	3.0311
February	3.0743	2.9982	3.0495
March	3.0493	3.0023	3.0246
April	3.0136	2.9112	2.9576
May	2.9751	2.8801	2.9183
June	3.0035	2.8994	2.9279
July	2.9121	2.8329	2.8697
August	2.8996	2.7939	2.8342
September	2.8892	2.7946	2.8410
October	2.8832	2.8204	2.8496
November	2.9926	2.8655	2.9276
December	2.9499	2.8877	2.9213