2023 JPY to THB Historical Review

YEARLY HIGH

0.2643 THB

YEARLY LOW

0.2329 THB

YEARLY AVERAGE

0.2478 THB

2023 JPY to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2643. Conversely, the yearly low was recorded on November 18, dropping to 0.2329.

This high-to-low spread represents a total annual volatility of 0.0314 THB. From a start-to-finish perspective, comparing the January average rate of 0.2551 to the December average rate of 0.2430, the exchange rate registered a net change of -4.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2643 was down 9.37% compared to the 2022 peak of 0.2916, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 132,137 THB

2022 Average 133,664 THB

Yearly Trough Low 116,457 THB

Transaction Impact: A difference of 15,680.24 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2598

0.2344

JanuMarcMayJulySeptNove

JPY 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 0.2534, compared to 0.2422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.2534

H2 Avg (Jul–Dec) 0.2422

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0137 THB (High: 0.2643 / Low: 0.2505). On the other end, February was the most stable month, with a tight range of 0.0048 THB (High: 0.2585 / Low: 0.2537).

January Spread (Volatile) ±0.0137

February Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0075 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2551) against the same month in 2022 (average: 0.2893), the exchange rate shifted by -0.0342 (-11.83%).

2023 Avg (January) 0.2551

2022 Avg (January) 0.2893

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2643	0.2505	0.2551
February	0.2585	0.2537	0.2558
March	0.2621	0.2535	0.2576
April	0.2593	0.2492	0.2559
May	0.2518	0.2467	0.2491
June	0.2494	0.2437	0.2467
July	0.2506	0.2407	0.2453
August	0.2446	0.2395	0.2420
September	0.2453	0.2396	0.2423
October	0.2489	0.2388	0.2440
November	0.2393	0.2329	0.2365
December	0.2459	0.2374	0.2430