2023 MDL to THB Historical Review

YEARLY HIGH

2.0415 THB

YEARLY LOW

1.7211 THB

YEARLY AVERAGE

1.9224 THB

2023 MDL to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 2.0415. Conversely, the yearly low was recorded on January 14, dropping to 1.7211.

This high-to-low spread represents a total annual volatility of 0.3204 THB. From a start-to-finish perspective, comparing the January average rate of 1.7485 to the December average rate of 1.9826, the exchange rate registered a net change of 13.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.0415 was up 3.14% compared to the 2022 peak of 1.9793, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,207 THB

2022 Average 9,280 THB

Yearly Trough Low 8,605 THB

Transaction Impact: A difference of 1,601.80 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0387

1.7221

JanuMarcMayJulySeptNove

MDL 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 1.8633, compared to 1.9816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1183 points.

H1 Avg (Jan–Jun) 1.8633

H2 Avg (Jul–Dec) 1.9816

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1233 THB (High: 1.8665 / Low: 1.7432). On the other end, June was the most stable month, with a tight range of 0.0450 THB (High: 1.9698 / Low: 1.9249).

February Spread (Volatile) ±0.1233

June Spread (Stable) ±0.0450

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0272 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0272

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.0124) against the same month in 2022 (average: 1.9586), the exchange rate shifted by +0.0538 (+2.75%).

2023 Avg (October) 2.0124

2022 Avg (October) 1.9586

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8069	1.7211	1.7485
February	1.8665	1.7432	1.8151
March	1.8750	1.8211	1.8496
April	1.9286	1.8617	1.8948
May	1.9574	1.8861	1.9237
June	1.9698	1.9249	1.9479
July	1.9899	1.8870	1.9351
August	2.0235	1.9319	1.9823
September	2.0230	1.9704	1.9921
October	2.0415	1.9837	2.0124
November	2.0211	1.9534	1.9851
December	2.0205	1.9532	1.9826