YEARLY HIGH
0.5161 MVR
YEARLY LOW
0.4549 MVR
YEARLY AVERAGE
0.4834 MVR

2021 THB to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the THB to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.5161. Conversely, the yearly low was recorded on October 10, dropping to 0.4549.

This high-to-low spread represents a total annual volatility of 0.0612 MVR. From a start-to-finish perspective, comparing the January average rate of 0.5133 to the December average rate of 0.4602, the exchange rate registered a net change of -10.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5161 was down 0.15% compared to the 2020 peak of 0.5169, 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 129,025 MVR
2020 Average 123,367 MVR
Yearly Trough Low 113,720 MVR
Transaction Impact: A difference of 15,305.08 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5186
0.4549
JanuMarcMayJulySeptNove

THB to MVR 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 0.5010, compared to 0.4657 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0353 points.

H1 Avg (Jan–Jun) 0.5010
H2 Avg (Jul–Dec) 0.4657

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0233 MVR (High: 0.4785 / Low: 0.4552). On the other end, April was the most stable month, with a tight range of 0.0055 MVR (High: 0.4958 / Low: 0.4903).

September Spread (Volatile) ±0.0233
April Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0195 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.5131) against the same month in 2020 (average: 0.4931), the exchange rate shifted by +0.0200 (+4.06%).

2021 Avg (February) 0.5131
2020 Avg (February) 0.4931

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5157 0.5100 0.5133
February 0.5161 0.5054 0.5131
March 0.5096 0.4936 0.5016
April 0.4958 0.4903 0.4933
May 0.4984 0.4906 0.4932
June 0.4974 0.4777 0.4916
July 0.4799 0.4672 0.4721
August 0.4801 0.4619 0.4670
September 0.4785 0.4552 0.4671
October 0.4674 0.4549 0.4614
November 0.4741 0.4574 0.4665
December 0.4639 0.4563 0.4602