2020 TOP to THB Historical Review

YEARLY HIGH

14.1240 THB

YEARLY LOW

13.0382 THB

YEARLY AVERAGE

13.5907 THB

2020 TOP to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 14.1240. Conversely, the yearly low was recorded on December 17, dropping to 13.0382.

This high-to-low spread represents a total annual volatility of 1.0858 THB. From a start-to-finish perspective, comparing the January average rate of 13.2455 to the December average rate of 13.1639, the exchange rate registered a net change of -0.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 14.1240 was down 1.70% compared to the 2019 peak of 14.3688, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TOP based on timing:

Yearly Peak High 70,620 THB

2019 Average 67,760 THB

Yearly Trough Low 65,191 THB

Transaction Impact: A difference of 5,428.89 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

14.0542

13.0829

JanuMarcMayJulySeptNove

TOP to THB 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 13.6668, compared to 13.5147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1521 points.

H1 Avg (Jan–Jun) 13.6668

H2 Avg (Jul–Dec) 13.5147

Volatility Range Comparison

Volatility

The most volatile month in 2020 was June, with a trading range of 0.5011 THB (High: 13.9551 / Low: 13.4540). On the other end, August was the most stable month, with a tight range of 0.1946 THB (High: 13.7843 / Low: 13.5897).

June Spread (Volatile) ±0.5011

August Spread (Stable) ±0.1946

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.2820 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2820

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 13.8920) against the same month in 2019 (average: 13.8763), the exchange rate shifted by +0.0157 (+0.11%).

2020 Avg (May) 13.8920

2019 Avg (May) 13.8763

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.4755	13.1555	13.2455
February	13.7365	13.3621	13.5290
March	13.9716	13.4930	13.6485
April	14.1147	13.8718	13.9732
May	14.1240	13.7654	13.8920
June	13.9551	13.4540	13.7126
July	13.9802	13.5568	13.7792
August	13.7843	13.5897	13.6881
September	13.8858	13.6474	13.7271
October	13.7072	13.3677	13.5059
November	13.4124	13.0935	13.2239
December	13.2520	13.0382	13.1639