2023 GNF to THB Historical Review

YEARLY HIGH

0.0043 THB

YEARLY LOW

0.0037 THB

YEARLY AVERAGE

0.0040 THB

2023 GNF to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.0043. Conversely, the yearly low was recorded on January 27, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0006 THB. From a start-to-finish perspective, comparing the January average rate of 0.0038 to the December average rate of 0.0041, the exchange rate registered a net change of 5.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0043 was down 2.60% compared to the 2022 peak of 0.0044, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22 THB

2022 Average 20 THB

Yearly Trough Low 19 THB

Transaction Impact: A difference of 2.99 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0043

0.0038

JanuMarcMayJulySeptNove

GNF 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 0.0040, compared to 0.0041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0040

H2 Avg (Jul–Dec) 0.0041

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0003 THB (High: 0.0040 / Low: 0.0037). On the other end, April was the most stable month, with a tight range of 0.0001 THB (High: 0.0040 / Low: 0.0039).

January Spread (Volatile) ±0.0003

April Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0042) against the same month in 2022 (average: 0.0044), the exchange rate shifted by -0.0001 (-2.87%).

2023 Avg (October) 0.0042

2022 Avg (October) 0.0044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0040	0.0037	0.0038
February	0.0041	0.0038	0.0039
March	0.0041	0.0039	0.0040
April	0.0040	0.0039	0.0040
May	0.0040	0.0039	0.0040
June	0.0041	0.0040	0.0040
July	0.0041	0.0039	0.0040
August	0.0041	0.0040	0.0041
September	0.0043	0.0041	0.0042
October	0.0043	0.0042	0.0042
November	0.0042	0.0040	0.0041
December	0.0042	0.0040	0.0041