2023 ARS to THB Historical Review

YEARLY HIGH

0.1958 THB

YEARLY LOW

0.0424 THB

YEARLY AVERAGE

0.1324 THB

2023 ARS to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1958. Conversely, the yearly low was recorded on December 29, dropping to 0.0424.

This high-to-low spread represents a total annual volatility of 0.1534 THB. From a start-to-finish perspective, comparing the January average rate of 0.1825 to the December average rate of 0.0641, the exchange rate registered a net change of -64.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1958 was down 40.17% compared to the 2022 peak of 0.3272, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 979 THB

2022 Average 1,369 THB

Yearly Trough Low 212 THB

Transaction Impact: A difference of 766.99 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1943

0.0523

JanuMarcMayJulySeptNove

ARS 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 0.1629, compared to 0.1019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0610 points.

H1 Avg (Jan–Jun) 0.1629

H2 Avg (Jul–Dec) 0.1019

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0553 THB (High: 0.0976 / Low: 0.0424). On the other end, October was the most stable month, with a tight range of 0.0034 THB (High: 0.1060 / Low: 0.1026).

December Spread (Volatile) ±0.0553

October Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0362 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1825) against the same month in 2022 (average: 0.3198), the exchange rate shifted by -0.1373 (-42.94%).

2023 Avg (January) 0.1825

2022 Avg (January) 0.3198

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1958	0.1757	0.1825
February	0.1796	0.1748	0.1777
March	0.1761	0.1636	0.1700
April	0.1636	0.1536	0.1589
May	0.1539	0.1447	0.1481
June	0.1445	0.1373	0.1405
July	0.1384	0.1245	0.1304
August	0.1252	0.0998	0.1102
September	0.1048	0.1002	0.1023
October	0.1060	0.1026	0.1042
November	0.1032	0.0964	0.1003
December	0.0976	0.0424	0.0641