2023 BBD to THB Historical Review

YEARLY HIGH

18.5571 THB

YEARLY LOW

16.3213 THB

YEARLY AVERAGE

17.3837 THB

2023 BBD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 18.5571. Conversely, the yearly low was recorded on January 21, dropping to 16.3213.

This high-to-low spread represents a total annual volatility of 2.2358 THB. From a start-to-finish perspective, comparing the January average rate of 16.6038 to the December average rate of 17.4522, 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 18.5571 was down 3.10% compared to the 2022 peak of 19.1500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92,785 THB

2022 Average 87,586 THB

Yearly Trough Low 81,607 THB

Transaction Impact: A difference of 11,178.80 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.4073

16.4399

JanuMarcMayJulySeptNove

BBD 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 17.0760, compared to 17.6914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6154 points.

H1 Avg (Jan–Jun) 17.0760

H2 Avg (Jul–Dec) 17.6914

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.2507 THB (High: 17.6200 / Low: 16.3693). On the other end, April was the most stable month, with a tight range of 0.3169 THB (High: 17.2462 / Low: 16.9293).

February Spread (Volatile) ±1.2507

April Spread (Stable) ±0.3169

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 0.5285 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 18.2433) against the same month in 2022 (average: 18.9612), the exchange rate shifted by -0.7179 (-3.79%).

2023 Avg (October) 18.2433

2022 Avg (October) 18.9612

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.3002	16.3213	16.6038
February	17.6200	16.3693	17.0360
March	17.5517	16.8615	17.2071
April	17.2462	16.9293	17.0880
May	17.3800	16.7700	17.0887
June	17.8200	17.2709	17.4324
July	17.6450	17.0139	17.3122
August	17.7491	17.1450	17.5214
September	18.3377	17.5166	17.9043
October	18.5571	17.9615	18.2433
November	18.0410	17.3362	17.7149
December	17.8505	17.0989	17.4522