2023 NAD to THB Historical Review

YEARLY HIGH

2.0341 THB

YEARLY LOW

1.7435 THB

YEARLY AVERAGE

1.8806 THB

2023 NAD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.0341. Conversely, the yearly low was recorded on May 12, dropping to 1.7435.

This high-to-low spread represents a total annual volatility of 0.2906 THB. From a start-to-finish perspective, comparing the January average rate of 1.9445 to the December average rate of 1.8682, the exchange rate registered a net change of -3.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.0341 was down 12.36% compared to the 2022 peak of 2.3210, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,171 THB

2022 Average 10,759 THB

Yearly Trough Low 8,717 THB

Transaction Impact: A difference of 1,453.17 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.9599

1.7761

JanuMarcMayJulySeptNove

NAD 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 1.8779, compared to 1.8833 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 1.8779

H2 Avg (Jul–Dec) 1.8833

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1646 THB (High: 1.9184 / Low: 1.7538). On the other end, March was the most stable month, with a tight range of 0.0803 THB (High: 1.9111 / Low: 1.8308).

June Spread (Volatile) ±0.1646

March Spread (Stable) ±0.0803

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0890 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0890

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.9445) against the same month in 2022 (average: 2.1436), the exchange rate shifted by -0.1991 (-9.29%).

2023 Avg (January) 1.9445

2022 Avg (January) 2.1436

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0341	1.8890	1.9445
February	1.9804	1.8789	1.9059
March	1.9111	1.8308	1.8829
April	1.9340	1.8475	1.8804
May	1.8611	1.7435	1.7914
June	1.9184	1.7538	1.8623
July	1.9530	1.8558	1.8982
August	1.8955	1.7771	1.8597
September	1.9313	1.8447	1.8874
October	1.9388	1.7861	1.8956
November	1.9560	1.7977	1.8905
December	1.9119	1.8259	1.8682