YEARLY HIGH
0.0412 THB
YEARLY LOW
0.0363 THB
YEARLY AVERAGE
0.0386 THB

2023 KPW to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0412. Conversely, the yearly low was recorded on January 21, dropping to 0.0363.

This high-to-low spread represents a total annual volatility of 0.0050 THB. From a start-to-finish perspective, comparing the January average rate of 0.0369 to the December average rate of 0.0388, the exchange rate registered a net change of 5.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0412 was down 3.10% compared to the 2022 peak of 0.0426, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 206 THB
2022 Average 195 THB
Yearly Trough Low 181 THB
Transaction Impact: A difference of 24.84 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0409
0.0365
JanuMarcMayJulySeptNove

KPW 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 0.0379, compared to 0.0393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0379
H2 Avg (Jul–Dec) 0.0393

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0028 THB (High: 0.0392 / Low: 0.0364). On the other end, April was the most stable month, with a tight range of 0.0007 THB (High: 0.0383 / Low: 0.0376).

February Spread (Volatile) ±0.0028
April Spread (Stable) ±0.0007

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 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0405) against the same month in 2022 (average: 0.0421), the exchange rate shifted by -0.0016 (-3.79%).

2023 Avg (October) 0.0405
2022 Avg (October) 0.0421

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0384 0.0363 0.0369
February 0.0392 0.0364 0.0379
March 0.0390 0.0375 0.0382
April 0.0383 0.0376 0.0380
May 0.0386 0.0373 0.0380
June 0.0396 0.0384 0.0387
July 0.0392 0.0378 0.0385
August 0.0394 0.0381 0.0389
September 0.0408 0.0389 0.0398
October 0.0412 0.0399 0.0405
November 0.0401 0.0385 0.0394
December 0.0397 0.0380 0.0388