2023 DOP to THB Historical Review

YEARLY HIGH

0.6538 THB

YEARLY LOW

0.5752 THB

YEARLY AVERAGE

0.6210 THB

2023 DOP to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.6538. Conversely, the yearly low was recorded on January 21, dropping to 0.5752.

This high-to-low spread represents a total annual volatility of 0.0786 THB. From a start-to-finish perspective, comparing the January average rate of 0.5869 to the December average rate of 0.6089, the exchange rate registered a net change of 3.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6538 was down 8.36% compared to the 2022 peak of 0.7134, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,269 THB

2022 Average 3,191 THB

Yearly Trough Low 2,876 THB

Transaction Impact: A difference of 392.95 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6479

0.5813

JanuMarcMayJulySeptNove

DOP 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 0.6178, compared to 0.6243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.6178

H2 Avg (Jul–Dec) 0.6243

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0557 THB (High: 0.6339 / Low: 0.5782). On the other end, April was the most stable month, with a tight range of 0.0143 THB (High: 0.6322 / Low: 0.6180).

February Spread (Volatile) ±0.0557

April Spread (Stable) ±0.0143

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0181 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.6424) against the same month in 2022 (average: 0.7057), the exchange rate shifted by -0.0633 (-8.97%).

2023 Avg (October) 0.6424

2022 Avg (October) 0.7057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6151	0.5752	0.5869
February	0.6339	0.5782	0.6066
March	0.6352	0.6197	0.6263
April	0.6322	0.6180	0.6248
May	0.6364	0.6163	0.6267
June	0.6447	0.6298	0.6354
July	0.6415	0.6072	0.6205
August	0.6267	0.6092	0.6188
September	0.6459	0.6171	0.6309
October	0.6538	0.6319	0.6424
November	0.6364	0.6110	0.6243
December	0.6266	0.5896	0.6089