2023 HTG to THB Historical Review

YEARLY HIGH

0.2768 THB

YEARLY LOW

0.2179 THB

YEARLY AVERAGE

0.2465 THB

2023 HTG to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.2768. Conversely, the yearly low was recorded on April 15, dropping to 0.2179.

This high-to-low spread represents a total annual volatility of 0.0590 THB. From a start-to-finish perspective, comparing the January average rate of 0.2237 to the December average rate of 0.2640, the exchange rate registered a net change of 17.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2768 was down 18.10% compared to the 2022 peak of 0.3380, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,384 THB

2022 Average 1,504 THB

Yearly Trough Low 1,089 THB

Transaction Impact: A difference of 294.84 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2776

0.2152

JanuMarcMayJulySeptNove

HTG 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 0.2301, compared to 0.2629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0328 points.

H1 Avg (Jan–Jun) 0.2301

H2 Avg (Jul–Dec) 0.2629

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0275 THB (High: 0.2476 / Low: 0.2201). On the other end, April was the most stable month, with a tight range of 0.0070 THB (High: 0.2249 / Low: 0.2179).

May Spread (Volatile) ±0.0275

April Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 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 6 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2724) against the same month in 2022 (average: 0.3049), the exchange rate shifted by -0.0326 (-10.68%).

2023 Avg (October) 0.2724

2022 Avg (October) 0.3049

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2338	0.2199	0.2237
February	0.2350	0.2194	0.2269
March	0.2307	0.2193	0.2241
April	0.2249	0.2179	0.2204
May	0.2476	0.2201	0.2353
June	0.2574	0.2463	0.2503
July	0.2565	0.2468	0.2514
August	0.2619	0.2511	0.2575
September	0.2709	0.2583	0.2647
October	0.2768	0.2688	0.2724
November	0.2729	0.2621	0.2674
December	0.2702	0.2588	0.2640