YEARLY HIGH
0.1774 THB
YEARLY LOW
0.1552 THB
YEARLY AVERAGE
0.1655 THB

2023 GYD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.1774. Conversely, the yearly low was recorded on February 1, dropping to 0.1552.

This high-to-low spread represents a total annual volatility of 0.0222 THB. From a start-to-finish perspective, comparing the January average rate of 0.1584 to the December average rate of 0.1666, the exchange rate registered a net change of 5.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1774 was down 3.55% compared to the 2022 peak of 0.1839, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 887 THB
2022 Average 837 THB
Yearly Trough Low 776 THB
Transaction Impact: A difference of 111.09 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1760
0.1568
JanuMarcMayJulySeptNove

GYD 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 0.1619, compared to 0.1690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.1619
H2 Avg (Jul–Dec) 0.1690

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0119 THB (High: 0.1671 / Low: 0.1552). On the other end, April was the most stable month, with a tight range of 0.0030 THB (High: 0.1631 / Low: 0.1601).

February Spread (Volatile) ±0.0119
April Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0050 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1744) against the same month in 2022 (average: 0.1813), the exchange rate shifted by -0.0069 (-3.79%).

2023 Avg (October) 0.1744
2022 Avg (October) 0.1813

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1654 0.1552 0.1584
February 0.1671 0.1552 0.1615
March 0.1664 0.1610 0.1633
April 0.1631 0.1601 0.1617
May 0.1643 0.1586 0.1617
June 0.1685 0.1634 0.1649
July 0.1679 0.1621 0.1650
August 0.1696 0.1638 0.1674
September 0.1751 0.1674 0.1712
October 0.1774 0.1718 0.1744
November 0.1731 0.1658 0.1694
December 0.1705 0.1631 0.1666