2023 CDF to THB Historical Review

YEARLY HIGH

0.0171 THB

YEARLY LOW

0.0124 THB

YEARLY AVERAGE

0.0150 THB

2023 CDF to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.0171. Conversely, the yearly low was recorded on December 21, dropping to 0.0124.

This high-to-low spread represents a total annual volatility of 0.0047 THB. From a start-to-finish perspective, comparing the January average rate of 0.0162 to the December average rate of 0.0128, the exchange rate registered a net change of -20.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0171 was down 9.05% compared to the 2022 peak of 0.0188, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85 THB

2022 Average 87 THB

Yearly Trough Low 62 THB

Transaction Impact: A difference of 23.29 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0170

0.0124

JanuMarcMayJulySeptNove

CDF 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 0.0160, compared to 0.0140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0160

H2 Avg (Jul–Dec) 0.0140

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0017 THB (High: 0.0166 / Low: 0.0149). On the other end, June was the most stable month, with a tight range of 0.0004 THB (High: 0.0150 / Low: 0.0146).

May Spread (Volatile) ±0.0017

June Spread (Stable) ±0.0004

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 November and December, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0165) against the same month in 2022 (average: 0.0162), the exchange rate shifted by +0.0003 (+1.78%).

2023 Avg (February) 0.0165

2022 Avg (February) 0.0162

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0169	0.0158	0.0162
February	0.0171	0.0159	0.0165
March	0.0170	0.0163	0.0166
April	0.0167	0.0156	0.0164
May	0.0166	0.0149	0.0157
June	0.0150	0.0146	0.0148
July	0.0146	0.0134	0.0140
August	0.0145	0.0138	0.0142
September	0.0147	0.0141	0.0144
October	0.0150	0.0139	0.0145
November	0.0145	0.0130	0.0139
December	0.0134	0.0124	0.0128