2023 KGS to THB Historical Review

YEARLY HIGH

0.4184 THB

YEARLY LOW

0.3797 THB

YEARLY AVERAGE

0.3957 THB

2023 KGS to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.4184. Conversely, the yearly low was recorded on January 22, dropping to 0.3797.

This high-to-low spread represents a total annual volatility of 0.0387 THB. From a start-to-finish perspective, comparing the January average rate of 0.3881 to the December average rate of 0.3916, the exchange rate registered a net change of 0.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4184 was down 11.36% compared to the 2022 peak of 0.4720, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,092 THB

2022 Average 2,088 THB

Yearly Trough Low 1,898 THB

Transaction Impact: A difference of 193.50 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4116

0.3859

JanuMarcMayJulySeptNove

KGS 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 0.3923, compared to 0.3992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.3923

H2 Avg (Jul–Dec) 0.3992

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0253 THB (High: 0.4050 / Low: 0.3797). On the other end, April was the most stable month, with a tight range of 0.0068 THB (High: 0.3941 / Low: 0.3873).

January Spread (Volatile) ±0.0253

April Spread (Stable) ±0.0068

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 0.0121 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.4095) against the same month in 2022 (average: 0.4633), the exchange rate shifted by -0.0538 (-11.61%).

2023 Avg (October) 0.4095

2022 Avg (October) 0.4633

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4050	0.3797	0.3881
February	0.4031	0.3800	0.3918
March	0.4015	0.3858	0.3937
April	0.3941	0.3873	0.3907
May	0.3969	0.3832	0.3907
June	0.4086	0.3944	0.3987
July	0.4047	0.3873	0.3947
August	0.4022	0.3906	0.3979
September	0.4134	0.3969	0.4044
October	0.4184	0.4022	0.4095
November	0.4040	0.3899	0.3974
December	0.3997	0.3839	0.3916