2023 CRC to THB Historical Review

YEARLY HIGH

0.0695 THB

YEARLY LOW

0.0566 THB

YEARLY AVERAGE

0.0643 THB

2023 CRC to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.0695. Conversely, the yearly low was recorded on January 13, dropping to 0.0566.

This high-to-low spread represents a total annual volatility of 0.0129 THB. From a start-to-finish perspective, comparing the January average rate of 0.0578 to the December average rate of 0.0665, the exchange rate registered a net change of 15.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0695 was up 11.49% compared to the 2022 peak of 0.0624, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 348 THB

2022 Average 272 THB

Yearly Trough Low 283 THB

Transaction Impact: A difference of 64.54 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0697

0.0567

JanuMarcMayJulySeptNove

CRC 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 0.0622, compared to 0.0663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0622

H2 Avg (Jul–Dec) 0.0663

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0053 THB (High: 0.0630 / Low: 0.0577). On the other end, June was the most stable month, with a tight range of 0.0018 THB (High: 0.0656 / Low: 0.0639).

February Spread (Volatile) ±0.0053

June Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and April, 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 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0686) against the same month in 2022 (average: 0.0608), the exchange rate shifted by +0.0078 (+12.80%).

2023 Avg (October) 0.0686

2022 Avg (October) 0.0608

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0595	0.0566	0.0578
February	0.0630	0.0577	0.0603
March	0.0638	0.0616	0.0631
April	0.0646	0.0627	0.0638
May	0.0647	0.0617	0.0636
June	0.0656	0.0639	0.0646
July	0.0654	0.0632	0.0641
August	0.0665	0.0629	0.0651
September	0.0683	0.0650	0.0669
October	0.0695	0.0677	0.0686
November	0.0682	0.0655	0.0668
December	0.0677	0.0658	0.0665