2023 ISK to THB Historical Review

YEARLY HIGH

0.2696 THB

YEARLY LOW

0.2277 THB

YEARLY AVERAGE

0.2523 THB

2023 ISK to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.2696. Conversely, the yearly low was recorded on January 25, dropping to 0.2277.

This high-to-low spread represents a total annual volatility of 0.0419 THB. From a start-to-finish perspective, comparing the January average rate of 0.2324 to the December average rate of 0.2532, the exchange rate registered a net change of 8.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2696 was down 0.21% compared to the 2022 peak of 0.2701, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,348 THB

2022 Average 1,295 THB

Yearly Trough Low 1,138 THB

Transaction Impact: A difference of 209.58 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2692

0.2290

JanuMarcMayJulySeptNove

ISK 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 0.2444, compared to 0.2602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0157 points.

H1 Avg (Jan–Jun) 0.2444

H2 Avg (Jul–Dec) 0.2602

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0167 THB (High: 0.2443 / Low: 0.2277). On the other end, December was the most stable month, with a tight range of 0.0041 THB (High: 0.2551 / Low: 0.2510).

January Spread (Volatile) ±0.0167

December Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between January and April, 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 0.0100 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2633) against the same month in 2022 (average: 0.2635), the exchange rate shifted by -0.0002 (-0.08%).

2023 Avg (October) 0.2633

2022 Avg (October) 0.2635

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2443	0.2277	0.2324
February	0.2447	0.2340	0.2381
March	0.2513	0.2415	0.2460
April	0.2524	0.2466	0.2504
May	0.2506	0.2431	0.2468
June	0.2616	0.2465	0.2530
July	0.2650	0.2542	0.2610
August	0.2687	0.2608	0.2658
September	0.2673	0.2620	0.2646
October	0.2696	0.2591	0.2633
November	0.2583	0.2487	0.2533
December	0.2551	0.2510	0.2532