2023 EUR to THB Historical Review

YEARLY HIGH

39.1408 THB

YEARLY LOW

35.5066 THB

YEARLY AVERAGE

37.6217 THB

2023 EUR to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 39.1408. Conversely, the yearly low was recorded on January 21, dropping to 35.5066.

This high-to-low spread represents a total annual volatility of 3.6342 THB. From a start-to-finish perspective, comparing the January average rate of 35.8188 to the December average rate of 38.1237, the exchange rate registered a net change of 6.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 39.1408 was up 2.49% compared to the 2022 peak of 38.1904, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 195,704 THB

2022 Average 184,210 THB

Yearly Trough Low 177,533 THB

Transaction Impact: A difference of 18,170.89 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

38.8237

35.5456

JanuMarcMayJulySeptNove

EUR 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 36.9496, compared to 38.2937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3441 points.

H1 Avg (Jan–Jun) 36.9496

H2 Avg (Jul–Dec) 38.2937

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.7255 THB (High: 38.8545 / Low: 37.1290). On the other end, December was the most stable month, with a tight range of 0.7432 THB (High: 38.5506 / Low: 37.8074).

June Spread (Volatile) ±1.7255

December Spread (Stable) ±0.7432

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 April and May, when the average rate fell by 0.3746 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3746

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 38.5505) against the same month in 2022 (average: 37.2996), the exchange rate shifted by +1.2509 (+3.35%).

2023 Avg (October) 38.5505

2022 Avg (October) 37.2996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.0416	35.5066	35.8188
February	37.2721	35.8971	36.4597
March	37.2169	36.3381	36.8729
April	37.9949	37.0160	37.5556
May	37.6005	36.7101	37.1810
June	38.8545	37.1290	37.8098
July	38.8839	37.6749	38.2869
August	38.6164	37.7290	38.2308
September	38.6615	37.7920	38.2356
October	39.1408	38.1284	38.5505
November	38.8131	37.9838	38.3349
December	38.5506	37.8074	38.1237