YEARLY HIGH
0.4459 THB
YEARLY LOW
0.3994 THB
YEARLY AVERAGE
0.4211 THB

2023 BTN to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.4459. Conversely, the yearly low was recorded on February 1, dropping to 0.3994.

This high-to-low spread represents a total annual volatility of 0.0465 THB. From a start-to-finish perspective, comparing the January average rate of 0.4058 to the December average rate of 0.4189, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4459 was down 4.39% compared to the 2022 peak of 0.4664, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,230 THB
2022 Average 2,229 THB
Yearly Trough Low 1,997 THB
Transaction Impact: A difference of 232.68 THB purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

2023 āϏāĻžāϞ āϜ⧁āĻĄāĻŧ⧇ āĻŽāĻžāϏāĻŋāĻ• āĻ—āĻĄāĻŧ āĻ“āĻ āĻžāύāĻžāĻŽāĻžāĨ¤

0.4421
0.4025
JanuMarcMayJulySeptNove

BTN 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 0.4156, compared to 0.4266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.4156
H2 Avg (Jul–Dec) 0.4266

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0270 THB (High: 0.4264 / Low: 0.3994). On the other end, August was the most stable month, with a tight range of 0.0102 THB (High: 0.4269 / Low: 0.4166).

February Spread (Volatile) Âą0.0270
August Spread (Stable) Âą0.0102

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 0.0129 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.4388) against the same month in 2022 (average: 0.4607), the exchange rate shifted by -0.0219 (-4.76%).

2023 Avg (October) 0.4388
2022 Avg (October) 0.4607

āĻŽāĻžāϏāĻŋāĻ• āĻŦāĻŋāĻļā§āϞ⧇āώāĻŖ

āĻĒā§āϰāϤāĻŋāϟāĻŋ āĻ•ā§āϝāĻžāϞ⧇āĻ¨ā§āĻĄāĻžāϰ āĻŽāĻžāϏ⧇āϰ āĻĒāϰāĻŋāϏāĻ‚āĻ–ā§āϝāĻžāύāĻ—āϤ āϏāĻžāϰāϏāĻ‚āĻ•ā§āώ⧇āĻĒāĨ¤

Month High Low Average
January 0.4190 0.4009 0.4058
February 0.4264 0.3994 0.4125
March 0.4304 0.4112 0.4186
April 0.4234 0.4131 0.4173
May 0.4204 0.4087 0.4153
June 0.4348 0.4185 0.4242
July 0.4331 0.4143 0.4217
August 0.4269 0.4166 0.4232
September 0.4403 0.4234 0.4314
October 0.4459 0.4318 0.4388
November 0.4347 0.4163 0.4259
December 0.4283 0.4102 0.4189