2023 IDR to THB Historical Review

YEARLY HIGH

0.0024 THB

YEARLY LOW

0.0021 THB

YEARLY AVERAGE

0.0023 THB

2023 IDR to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.0024. Conversely, the yearly low was recorded on January 9, dropping to 0.0021.

This high-to-low spread represents a total annual volatility of 0.0002 THB. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0023, the exchange rate registered a net change of 3.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0024 was down 4.80% compared to the 2022 peak of 0.0025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 23,833 THB

2022 Average 23,589 THB

Yearly Trough Low 21,445 THB

Transaction Impact: A difference of 2,387.45 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0023

0.0022

JanuMarcMayJulySeptNove

IDR 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 0.0023, compared to 0.0023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0023

H2 Avg (Jul–Dec) 0.0023

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0001 THB (High: 0.0024 / Low: 0.0023). On the other end, November was the most stable month, with a tight range of 0.0000 THB (High: 0.0023 / Low: 0.0023).

October Spread (Volatile) ±0.0001

November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and June, 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 0.0000 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0023) against the same month in 2022 (average: 0.0025), the exchange rate shifted by -0.0001 (-5.77%).

2023 Avg (October) 0.0023

2022 Avg (October) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0022	0.0021	0.0022
February	0.0023	0.0022	0.0022
March	0.0023	0.0022	0.0022
April	0.0023	0.0023	0.0023
May	0.0023	0.0023	0.0023
June	0.0024	0.0023	0.0023
July	0.0024	0.0023	0.0023
August	0.0023	0.0023	0.0023
September	0.0024	0.0023	0.0023
October	0.0024	0.0023	0.0023
November	0.0023	0.0023	0.0023
December	0.0023	0.0022	0.0023