2023 LBP to THB Historical Review

YEARLY HIGH

0.0228 THB

YEARLY LOW

0.0022 THB

YEARLY AVERAGE

0.0042 THB

2023 LBP to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0228. Conversely, the yearly low was recorded on February 6, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0206 THB. From a start-to-finish perspective, comparing the January average rate of 0.0219 to the December average rate of 0.0023, the exchange rate registered a net change of -89.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0228 was down 10.00% compared to the 2022 peak of 0.0254, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114 THB

2022 Average 116 THB

Yearly Trough Low 11 THB

Transaction Impact: A difference of 103.13 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0239

0.0003

JanuMarcMayJulySeptNove

LBP 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 0.0061, compared to 0.0024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0061

H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0199 THB (High: 0.0221 / Low: 0.0022). On the other end, April was the most stable month, with a tight range of 0.0001 THB (High: 0.0023 / Low: 0.0022).

February Spread (Volatile) ±0.0199

April Spread (Stable) ±0.0001

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 January and February, when the average rate fell by 0.0161 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0219) against the same month in 2022 (average: 0.0220), the exchange rate shifted by -0.0001 (-0.34%).

2023 Avg (January) 0.0219

2022 Avg (January) 0.0220

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0228	0.0215	0.0219
February	0.0221	0.0022	0.0058
March	0.0023	0.0023	0.0023
April	0.0023	0.0022	0.0023
May	0.0023	0.0022	0.0023
June	0.0024	0.0023	0.0023
July	0.0024	0.0023	0.0023
August	0.0024	0.0023	0.0023
September	0.0024	0.0023	0.0024
October	0.0025	0.0024	0.0024
November	0.0024	0.0023	0.0024
December	0.0024	0.0023	0.0023