2023 INR to THB Historical Review

YEARLY HIGH

0.4459 THB

YEARLY LOW

0.4007 THB

YEARLY AVERAGE

0.4210 THB

2023 INR to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.4459. Conversely, the yearly low was recorded on February 1, dropping to 0.4007.

This high-to-low spread represents a total annual volatility of 0.0453 THB. From a start-to-finish perspective, comparing the January average rate of 0.4063 to the December average rate of 0.4193, the exchange rate registered a net change of 3.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4459 was down 4.31% compared to the 2022 peak of 0.4660, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 111,484 THB

2022 Average 111,413 THB

Yearly Trough Low 100,166 THB

Transaction Impact: A difference of 11,317.80 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4416

0.4031

JanuMarcMayJulySeptNove

INR 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 0.4156, compared to 0.4264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 0.4156

H2 Avg (Jul–Dec) 0.4264

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0258 THB (High: 0.4265 / Low: 0.4007). On the other end, April was the most stable month, with a tight range of 0.0069 THB (High: 0.4206 / Low: 0.4137).

February Spread (Volatile) ±0.0258

April Spread (Stable) ±0.0069

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 0.0129 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.4384) against the same month in 2022 (average: 0.4606), the exchange rate shifted by -0.0222 (-4.82%).

2023 Avg (October) 0.4384

2022 Avg (October) 0.4606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4181	0.4015	0.4063
February	0.4265	0.4007	0.4123
March	0.4280	0.4086	0.4185
April	0.4206	0.4137	0.4170
May	0.4210	0.4099	0.4152
June	0.4342	0.4191	0.4243
July	0.4299	0.4147	0.4213
August	0.4270	0.4166	0.4230
September	0.4406	0.4235	0.4312
October	0.4459	0.4315	0.4384
November	0.4332	0.4158	0.4255
December	0.4284	0.4109	0.4193