YEARLY HIGH
0.3632 NOK
YEARLY LOW
0.2811 NOK
YEARLY AVERAGE
0.3009 NOK

2020 THB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the THB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.3632. Conversely, the yearly low was recorded on August 31, dropping to 0.2811.

This high-to-low spread represents a total annual volatility of 0.0820 NOK. From a start-to-finish perspective, comparing the January average rate of 0.2940 to the December average rate of 0.2895, the exchange rate registered a net change of -1.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3632 was up 19.01% compared to the 2019 peak of 0.3052, 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 90,793 NOK
2019 Average 70,943 NOK
Yearly Trough Low 70,282 NOK
Transaction Impact: A difference of 20,510.59 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3238
0.2832
JanuMarcMayJulySeptNove

THB to NOK 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 0.3086, compared to 0.2933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0153 points.

H1 Avg (Jan–Jun) 0.3086
H2 Avg (Jul–Dec) 0.2933

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0691 NOK (High: 0.3632 / Low: 0.2941). On the other end, February was the most stable month, with a tight range of 0.0049 NOK (High: 0.2991 / Low: 0.2942).

March Spread (Volatile) ±0.0691
February Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 0.0105 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.3204) against the same month in 2019 (average: 0.2712), the exchange rate shifted by +0.0493 (+18.17%).

2020 Avg (March) 0.3204
2019 Avg (March) 0.2712

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2977 0.2916 0.2940
February 0.2991 0.2942 0.2964
March 0.3632 0.2941 0.3204
April 0.3333 0.3124 0.3193
May 0.3205 0.3057 0.3147
June 0.3147 0.2943 0.3065
July 0.3066 0.2874 0.2961
August 0.2931 0.2811 0.2866
September 0.3027 0.2812 0.2918
October 0.3060 0.2932 0.2974
November 0.3072 0.2911 0.2984
December 0.2939 0.2853 0.2895