2023 LRD to THB Historical Review

YEARLY HIGH

0.2273 THB

YEARLY LOW

0.1814 THB

YEARLY AVERAGE

0.1999 THB

2023 LRD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.2273. Conversely, the yearly low was recorded on December 29, dropping to 0.1814.

This high-to-low spread represents a total annual volatility of 0.0459 THB. From a start-to-finish perspective, comparing the January average rate of 0.2137 to the December average rate of 0.1854, the exchange rate registered a net change of -13.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2273 was down 8.74% compared to the 2022 peak of 0.2491, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,137 THB

2022 Average 1,146 THB

Yearly Trough Low 907 THB

Transaction Impact: A difference of 229.43 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2210

0.1822

JanuMarcMayJulySeptNove

LRD 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 0.2102, compared to 0.1897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0205 points.

H1 Avg (Jan–Jun) 0.2102

H2 Avg (Jul–Dec) 0.1897

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0187 THB (High: 0.2273 / Low: 0.2087). On the other end, May was the most stable month, with a tight range of 0.0053 THB (High: 0.2070 / Low: 0.2018).

February Spread (Volatile) ±0.0187

May Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between August and October, 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 June and July, when the average rate fell by 0.0112 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2178) against the same month in 2022 (average: 0.2122), the exchange rate shifted by +0.0056 (+2.62%).

2023 Avg (February) 0.2178

2022 Avg (February) 0.2122

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2240	0.2088	0.2137
February	0.2273	0.2087	0.2178
March	0.2226	0.2094	0.2158
April	0.2116	0.2059	0.2095
May	0.2070	0.2018	0.2047
June	0.2055	0.1956	0.1997
July	0.1959	0.1838	0.1885
August	0.1906	0.1839	0.1881
September	0.1965	0.1884	0.1922
October	0.1988	0.1916	0.1952
November	0.1923	0.1844	0.1887
December	0.1897	0.1814	0.1854