2022 THB to NGN Historical Review

YEARLY HIGH

12.9764 NGN

YEARLY LOW

11.3248 NGN

YEARLY AVERAGE

12.1145 NGN

2022 THB to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the THB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 12.9764. Conversely, the yearly low was recorded on July 22, dropping to 11.3248.

This high-to-low spread represents a total annual volatility of 1.6516 NGN. From a start-to-finish perspective, comparing the January average rate of 12.4531 to the December average rate of 12.8163, the exchange rate registered a net change of 2.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 12.9764 was down 5.65% compared to the 2021 peak of 13.7535, 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 3,244,101 NGN

2021 Average 3,154,585 NGN

Yearly Trough Low 2,831,189 NGN

Transaction Impact: A difference of 412,911.82 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

12.9492

11.3539

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 12.3372, compared to 11.8919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4453 points.

H1 Avg (Jan–Jun) 12.3372

H2 Avg (Jul–Dec) 11.8919

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.1152 NGN (High: 12.6542 / Low: 11.5390). On the other end, October was the most stable month, with a tight range of 0.2379 NGN (High: 11.6096 / Low: 11.3717).

November Spread (Volatile) ±1.1152

October Spread (Stable) ±0.2379

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 0.3746 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3746

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 12.8163) against the same month in 2021 (average: 12.2586), the exchange rate shifted by +0.5577 (+4.55%).

2022 Avg (December) 12.8163

2021 Avg (December) 12.2586

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.6125	12.2201	12.4531
February	12.9454	12.5208	12.7603
March	12.8022	12.3030	12.5198
April	12.4416	12.0646	12.3060
May	12.1979	11.9549	12.0757
June	12.1310	11.6877	11.9080
July	11.7051	11.3248	11.5334
August	11.9538	11.4618	11.7508
September	11.8970	11.3665	11.5909
October	11.6096	11.3717	11.4868
November	12.6542	11.5390	12.1730
December	12.9764	12.6580	12.8163