YEARLY HIGH
15.7506 THB
YEARLY LOW
14.1323 THB
YEARLY AVERAGE
15.0197 THB

2022 TOP to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 15.7506. Conversely, the yearly low was recorded on February 23, dropping to 14.1323.

This high-to-low spread represents a total annual volatility of 1.6183 THB. From a start-to-finish perspective, comparing the January average rate of 14.6015 to the December average rate of 14.8100, the exchange rate registered a net change of 1.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 15.7506 was up 5.12% compared to the 2021 peak of 14.9836, 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 78,753 THB
2021 Average 70,614 THB
Yearly Trough Low 70,662 THB
Transaction Impact: A difference of 8,091.43 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

15.6909
14.2664
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 14.7292, compared to 15.3102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5810 points.

H1 Avg (Jan–Jun) 14.7292
H2 Avg (Jul–Dec) 15.3102

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.8825 THB (High: 15.7291 / Low: 14.8466). On the other end, April was the most stable month, with a tight range of 0.1823 THB (High: 14.9821 / Low: 14.7998).

November Spread (Volatile) ±0.8825
April Spread (Stable) ±0.1823

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.3984 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3984

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 15.5722) against the same month in 2021 (average: 14.8562), the exchange rate shifted by +0.7160 (+4.82%).

2022 Avg (October) 15.5722
2021 Avg (October) 14.8562

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.7599 14.4623 14.6015
February 14.5949 14.1323 14.3851
March 15.0148 14.2430 14.6825
April 14.9821 14.7998 14.8840
May 14.9215 14.7043 14.8051
June 15.1741 14.8027 15.0168
July 15.6874 15.1768 15.4450
August 15.5475 15.1093 15.3204
September 15.7232 15.1381 15.5050
October 15.7506 15.4231 15.5722
November 15.7291 14.8466 15.2084
December 15.0334 14.6828 14.8100