YEARLY HIGH
13.1336 NGN
YEARLY LOW
11.1067 NGN
YEARLY AVERAGE
12.1605 NGN

2020 THB to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the THB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 13.1336. Conversely, the yearly low was recorded on March 25, dropping to 11.1067.

This high-to-low spread represents a total annual volatility of 2.0269 NGN. From a start-to-finish perspective, comparing the January average rate of 11.9092 to the December average rate of 12.7685, the exchange rate registered a net change of 7.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 13.1336 was up 7.34% compared to the 2019 peak of 12.2355, 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 3,283,399 NGN
2019 Average 2,901,694 NGN
Yearly Trough Low 2,776,682 NGN
Transaction Impact: A difference of 506,717.83 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.8887
11.4458
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 11.9108, compared to 12.4103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4996 points.

H1 Avg (Jan–Jun) 11.9108
H2 Avg (Jul–Dec) 12.4103

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.9242 NGN (High: 12.0482 / Low: 11.1240). On the other end, July was the most stable month, with a tight range of 0.2888 NGN (High: 12.4984 / Low: 12.2097).

April Spread (Volatile) ±0.9242
July Spread (Stable) ±0.2888

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.2926 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2926

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 12.7685) against the same month in 2019 (average: 12.0045), the exchange rate shifted by +0.7640 (+6.36%).

2020 Avg (December) 12.7685
2019 Avg (December) 12.0045

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.1759 11.5993 11.9092
February 11.7478 11.4313 11.6166
March 11.9605 11.1067 11.5660
April 12.0482 11.1240 11.7933
May 12.2491 11.9299 12.1361
June 12.5688 12.2225 12.4432
July 12.4984 12.2097 12.3395
August 12.4682 12.1226 12.3396
September 12.4142 12.0377 12.2356
October 12.3820 12.0747 12.2248
November 12.6941 12.1947 12.5539
December 13.1336 12.5662 12.7685