2023 BIF to THB Historical Review

YEARLY HIGH

0.0170 THB

YEARLY LOW

0.0120 THB

YEARLY AVERAGE

0.0139 THB

2023 BIF to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.0170. Conversely, the yearly low was recorded on December 28, dropping to 0.0120.

This high-to-low spread represents a total annual volatility of 0.0050 THB. From a start-to-finish perspective, comparing the January average rate of 0.0161 to the December average rate of 0.0122, the exchange rate registered a net change of -23.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0170 was down 8.74% compared to the 2022 peak of 0.0186, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85 THB

2022 Average 86 THB

Yearly Trough Low 60 THB

Transaction Impact: A difference of 25.13 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0170

0.0118

JanuMarcMayJulySeptNove

BIF 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 0.0154, compared to 0.0125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0154

H2 Avg (Jul–Dec) 0.0125

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0044 THB (High: 0.0165 / Low: 0.0121). On the other end, April was the most stable month, with a tight range of 0.0003 THB (High: 0.0166 / Low: 0.0163).

May Spread (Volatile) ±0.0044

April Spread (Stable) ±0.0003

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 May and June, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0164) against the same month in 2022 (average: 0.0162), the exchange rate shifted by +0.0002 (+1.16%).

2023 Avg (February) 0.0164

2022 Avg (February) 0.0162

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0167	0.0157	0.0161
February	0.0170	0.0158	0.0164
March	0.0169	0.0163	0.0166
April	0.0166	0.0163	0.0164
May	0.0165	0.0121	0.0146
June	0.0126	0.0122	0.0123
July	0.0126	0.0120	0.0122
August	0.0125	0.0121	0.0124
September	0.0129	0.0124	0.0126
October	0.0131	0.0126	0.0129
November	0.0127	0.0122	0.0125
December	0.0125	0.0120	0.0122