2020 THB to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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 11.9108, 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |