2023 AZN to THB Historical Review

YEARLY HIGH

21.8318 THB

YEARLY LOW

19.2015 THB

YEARLY AVERAGE

20.4503 THB

2023 AZN to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 21.8318. Conversely, the yearly low was recorded on January 21, dropping to 19.2015.

This high-to-low spread represents a total annual volatility of 2.6303 THB. From a start-to-finish perspective, comparing the January average rate of 19.5337 to the December average rate of 20.5321, the exchange rate registered a net change of 5.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.8318 was down 3.10% compared to the 2022 peak of 22.5294, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 109,159 THB

2022 Average 103,043 THB

Yearly Trough Low 96,008 THB

Transaction Impact: A difference of 13,151.53 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.6557

19.3408

JanuMarcMayJulySeptNove

AZN 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 20.0883, compared to 20.8123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7240 points.

H1 Avg (Jan–Jun) 20.0883

H2 Avg (Jul–Dec) 20.8123

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.4715 THB (High: 20.7294 / Low: 19.2580). On the other end, April was the most stable month, with a tight range of 0.3729 THB (High: 20.2897 / Low: 19.9168).

February Spread (Volatile) ±1.4715

April Spread (Stable) ±0.3729

Growth Streaks & Declines

Trends

Between July and October, 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 0.6261 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 21.4628) against the same month in 2022 (average: 22.3073), the exchange rate shifted by -0.8446 (-3.79%).

2023 Avg (October) 21.4628

2022 Avg (October) 22.3073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.3532	19.2015	19.5337
February	20.7294	19.2580	20.0423
March	20.6491	19.8370	20.2396
April	20.2897	19.9168	20.1035
May	20.4471	19.7294	20.1043
June	20.9647	20.3187	20.5066
July	20.7586	20.0164	20.3652
August	20.8813	20.1706	20.6134
September	21.5738	20.6077	21.0639
October	21.8318	21.1312	21.4628
November	21.2244	20.3956	20.8366
December	21.0005	20.1164	20.5321