2023 IQD to THB Historical Review

YEARLY HIGH

0.0283 THB

YEARLY LOW

0.0224 THB

YEARLY AVERAGE

0.0257 THB

2023 IQD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0283. Conversely, the yearly low was recorded on January 21, dropping to 0.0224.

This high-to-low spread represents a total annual volatility of 0.0060 THB. From a start-to-finish perspective, comparing the January average rate of 0.0227 to the December average rate of 0.0266, the exchange rate registered a net change of 17.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0283 was up 7.48% compared to the 2022 peak of 0.0264, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142 THB

2022 Average 120 THB

Yearly Trough Low 112 THB

Transaction Impact: A difference of 29.80 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0284

0.0222

JanuMarcMayJulySeptNove

IQD 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 0.0243, compared to 0.0270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0243

H2 Avg (Jul–Dec) 0.0270

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0032 THB (High: 0.0265 / Low: 0.0233). On the other end, March was the most stable month, with a tight range of 0.0008 THB (High: 0.0241 / Low: 0.0233).

May Spread (Volatile) ±0.0032

March Spread (Stable) ±0.0008

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 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0279) against the same month in 2022 (average: 0.0260), the exchange rate shifted by +0.0019 (+7.26%).

2023 Avg (October) 0.0279

2022 Avg (October) 0.0260

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0237	0.0224	0.0227
February	0.0242	0.0224	0.0233
March	0.0241	0.0233	0.0236
April	0.0261	0.0232	0.0236
May	0.0265	0.0233	0.0259
June	0.0272	0.0264	0.0266
July	0.0271	0.0260	0.0265
August	0.0271	0.0262	0.0268
September	0.0280	0.0267	0.0273
October	0.0283	0.0274	0.0279
November	0.0276	0.0265	0.0271
December	0.0273	0.0261	0.0266