2023 BZD to THB Historical Review

YEARLY HIGH

18.4110 THB

YEARLY LOW

16.1965 THB

YEARLY AVERAGE

17.2575 THB

2023 BZD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 18.4110. Conversely, the yearly low was recorded on January 21, dropping to 16.1965.

This high-to-low spread represents a total annual volatility of 2.2145 THB. From a start-to-finish perspective, comparing the January average rate of 16.4743 to the December average rate of 17.2985, the exchange rate registered a net change of 5.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.4110 was down 3.54% compared to the 2022 peak of 19.0860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92,055 THB

2022 Average 86,912 THB

Yearly Trough Low 80,982 THB

Transaction Impact: A difference of 11,072.48 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.2784

16.3103

JanuMarcMayJulySeptNove

BZD 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 16.9545, compared to 17.5604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6058 points.

H1 Avg (Jan–Jun) 16.9545

H2 Avg (Jul–Dec) 17.5604

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.2434 THB (High: 17.4864 / Low: 16.2430). On the other end, April was the most stable month, with a tight range of 0.3874 THB (High: 17.1824 / Low: 16.7950).

February Spread (Volatile) ±1.2434

April Spread (Stable) ±0.3874

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 0.5165 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 18.1144) against the same month in 2022 (average: 18.8307), the exchange rate shifted by -0.7163 (-3.80%).

2023 Avg (October) 18.1144

2022 Avg (October) 18.8307

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.1643	16.1965	16.4743
February	17.4864	16.2430	16.9015
March	17.4187	16.8526	17.1157
April	17.1824	16.7950	16.9723
May	17.2402	16.6395	16.9639
June	17.6842	17.1435	17.2996
July	17.6208	16.8775	17.1979
August	17.6071	17.0047	17.3850
September	18.1759	17.3793	17.7688
October	18.4110	17.8348	18.1144
November	17.9647	17.2129	17.5978
December	17.7101	16.9294	17.2985