2019 THB to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 THB to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the THB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 12.2355. Conversely, the yearly low was recorded on June 5, dropping to 9.7658.
This high-to-low spread represents a total annual volatility of 2.4697 NGN. From a start-to-finish perspective, comparing the January average rate of 11.4272 to the December average rate of 12.0045, the exchange rate registered a net change of 5.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 12.2355 was up 5.80% compared to the 2018 peak of 11.5649, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
THB to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.3589, compared to 11.8530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4942 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 1.9884 NGN (High: 11.7541 / Low: 9.7658). On the other end, November was the most stable month, with a tight range of 0.1163 NGN (High: 12.0260 / Low: 11.9097).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1932 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 12.0045) against the same month in 2018 (average: 11.1295), the exchange rate shifted by +0.8749 (+7.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.6172 | 11.2278 | 11.4272 |
| February | 11.6477 | 11.4507 | 11.5452 |
| March | 11.4100 | 11.2915 | 11.3521 |
| April | 11.4000 | 11.2295 | 11.3063 |
| May | 11.4453 | 11.2435 | 11.3314 |
| June | 11.7541 | 9.7658 | 11.1912 |
| July | 11.8109 | 11.6204 | 11.6937 |
| August | 11.9874 | 10.0131 | 11.6891 |
| September | 11.9644 | 11.7068 | 11.8374 |
| October | 12.0160 | 11.8056 | 11.9182 |
| November | 12.0260 | 11.9097 | 11.9754 |
| December | 12.2355 | 11.9363 | 12.0045 |