2023 BAM to THB Historical Review

YEARLY HIGH

20.0291 THB

YEARLY LOW

18.0699 THB

YEARLY AVERAGE

19.2291 THB

2023 BAM to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 20.0291. Conversely, the yearly low was recorded on January 21, dropping to 18.0699.

This high-to-low spread represents a total annual volatility of 1.9592 THB. From a start-to-finish perspective, comparing the January average rate of 18.2687 to the December average rate of 19.4789, the exchange rate registered a net change of 6.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 20.0291 was up 2.53% compared to the 2022 peak of 19.5342, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 100,146 THB

2022 Average 94,197 THB

Yearly Trough Low 90,350 THB

Transaction Impact: A difference of 9,796.22 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.8610

18.1239

JanuMarcMayJulySeptNove

BAM 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 18.8776, compared to 19.5806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7030 points.

H1 Avg (Jan–Jun) 18.8776

H2 Avg (Jul–Dec) 19.5806

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.9839 THB (High: 19.9283 / Low: 18.9444). On the other end, December was the most stable month, with a tight range of 0.3677 THB (High: 19.7066 / Low: 19.3389).

June Spread (Volatile) ±0.9839

December Spread (Stable) ±0.3677

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 April and May, when the average rate fell by 0.1722 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1722

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 19.7163) against the same month in 2022 (average: 19.0377), the exchange rate shifted by +0.6785 (+3.56%).

2023 Avg (October) 19.7163

2022 Avg (October) 19.0377

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.8864	18.0699	18.2687
February	19.1195	18.2342	18.6606
March	19.1320	18.4587	18.8354
April	19.5030	18.9037	19.1769
May	19.2493	18.7730	19.0047
June	19.9283	18.9444	19.3191
July	19.9169	19.2374	19.5761
August	19.8129	19.2467	19.5540
September	19.8288	19.4275	19.5795
October	20.0291	19.4594	19.7163
November	19.8173	19.3123	19.5786
December	19.7066	19.3389	19.4789