YEARLY HIGH
3.0915 CVE
YEARLY LOW
2.8576 CVE
YEARLY AVERAGE
3.0006 CVE

2022 THB to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the THB to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 3.0915. Conversely, the yearly low was recorded on September 21, dropping to 2.8576.

This high-to-low spread represents a total annual volatility of 0.2339 CVE. From a start-to-finish perspective, comparing the January average rate of 2.9404 to the December average rate of 3.0029, the exchange rate registered a net change of 2.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.0915 was up 0.56% compared to the 2021 peak of 3.0743, 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 772,879 CVE
2021 Average 732,142 CVE
Yearly Trough Low 714,411 CVE
Transaction Impact: A difference of 58,468.28 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.0614
2.9294
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 3.0029, compared to 2.9984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 3.0029
H2 Avg (Jul–Dec) 2.9984

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.2122 CVE (High: 3.0699 / Low: 2.8576). On the other end, May was the most stable month, with a tight range of 0.0743 CVE (High: 3.0843 / Low: 3.0100).

September Spread (Volatile) ±0.2122
May Spread (Stable) ±0.0743

Growth Streaks & Declines

Trends

Between January and March, 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 0.0481 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 3.0504) against the same month in 2021 (average: 2.8342), the exchange rate shifted by +0.2161 (+7.63%).

2022 Avg (August) 3.0504
2021 Avg (August) 2.8342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9776 2.8991 2.9404
February 3.0468 2.9376 2.9930
March 3.0862 2.9772 3.0252
April 3.0624 2.9800 3.0205
May 3.0843 3.0100 3.0433
June 3.0478 2.9499 2.9953
July 3.0212 2.8732 2.9624
August 3.0915 2.9788 3.0504
September 3.0699 2.8576 3.0076
October 3.0700 2.9325 2.9733
November 3.0741 2.9492 2.9935
December 3.0550 2.9605 3.0029