2023 NPR to THB Historical Review

YEARLY HIGH

0.2787 THB

YEARLY LOW

0.2496 THB

YEARLY AVERAGE

0.2632 THB

2023 NPR to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.2787. Conversely, the yearly low was recorded on February 1, dropping to 0.2496.

This high-to-low spread represents a total annual volatility of 0.0291 THB. From a start-to-finish perspective, comparing the January average rate of 0.2536 to the December average rate of 0.2618, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2787 was down 4.39% compared to the 2022 peak of 0.2915, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,393 THB

2022 Average 1,393 THB

Yearly Trough Low 1,248 THB

Transaction Impact: A difference of 145.36 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2763

0.2516

JanuMarcMayJulySeptNove

NPR 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 0.2598, compared to 0.2667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.2598

H2 Avg (Jul–Dec) 0.2667

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0169 THB (High: 0.2665 / Low: 0.2496). On the other end, August was the most stable month, with a tight range of 0.0064 THB (High: 0.2668 / Low: 0.2604).

February Spread (Volatile) ±0.0169

August Spread (Stable) ±0.0064

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 0.0081 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2743) against the same month in 2022 (average: 0.2880), the exchange rate shifted by -0.0137 (-4.76%).

2023 Avg (October) 0.2743

2022 Avg (October) 0.2880

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2619	0.2506	0.2536
February	0.2665	0.2496	0.2578
March	0.2690	0.2570	0.2616
April	0.2646	0.2582	0.2608
May	0.2628	0.2554	0.2596
June	0.2718	0.2616	0.2651
July	0.2707	0.2589	0.2636
August	0.2668	0.2604	0.2645
September	0.2752	0.2646	0.2696
October	0.2787	0.2699	0.2743
November	0.2717	0.2602	0.2662
December	0.2677	0.2564	0.2618