YEARLY HIGH
0.2892 NOK
YEARLY LOW
0.2560 NOK
YEARLY AVERAGE
0.2743 NOK

2022 THB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the THB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.2892. Conversely, the yearly low was recorded on March 26, dropping to 0.2560.

This high-to-low spread represents a total annual volatility of 0.0332 NOK. From a start-to-finish perspective, comparing the January average rate of 0.2664 to the December average rate of 0.2841, the exchange rate registered a net change of 6.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2892 was up 0.13% compared to the 2021 peak of 0.2889, 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 72,311 NOK
2021 Average 67,276 NOK
Yearly Trough Low 64,012 NOK
Transaction Impact: A difference of 8,299.23 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2862
0.2615
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 0.2710, compared to 0.2776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.2710
H2 Avg (Jul–Dec) 0.2776

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0180 NOK (High: 0.2834 / Low: 0.2654). On the other end, August was the most stable month, with a tight range of 0.0088 NOK (High: 0.2753 / Low: 0.2666).

July Spread (Volatile) ±0.0180
August Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0062 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.2841) against the same month in 2021 (average: 0.2675), the exchange rate shifted by +0.0166 (+6.22%).

2022 Avg (December) 0.2841
2021 Avg (December) 0.2675

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2719 0.2606 0.2664
February 0.2794 0.2636 0.2720
March 0.2739 0.2560 0.2658
April 0.2741 0.2593 0.2636
May 0.2856 0.2712 0.2791
June 0.2854 0.2738 0.2792
July 0.2834 0.2654 0.2750
August 0.2753 0.2666 0.2716
September 0.2879 0.2711 0.2775
October 0.2879 0.2715 0.2787
November 0.2851 0.2742 0.2786
December 0.2892 0.2793 0.2841