YEARLY HIGH
0.0051 THB
YEARLY LOW
0.0044 THB
YEARLY AVERAGE
0.0048 THB

2023 PYG to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0051. Conversely, the yearly low was recorded on January 23, dropping to 0.0044.

This high-to-low spread represents a total annual volatility of 0.0007 THB. From a start-to-finish perspective, comparing the January average rate of 0.0045 to the December average rate of 0.0047, the exchange rate registered a net change of 5.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0051 was down 6.08% compared to the 2022 peak of 0.0054, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25 THB
2022 Average 25 THB
Yearly Trough Low 22 THB
Transaction Impact: A difference of 3.48 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0050
0.0045
JanuMarcMayJulySeptNove

PYG 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 0.0047, compared to 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0047
H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0004 THB (High: 0.0048 / Low: 0.0045). On the other end, May was the most stable month, with a tight range of 0.0001 THB (High: 0.0048 / Low: 0.0047).

February Spread (Volatile) ±0.0004
May 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 October and November, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0050) against the same month in 2022 (average: 0.0053), the exchange rate shifted by -0.0003 (-6.58%).

2023 Avg (October) 0.0050
2022 Avg (October) 0.0053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0047 0.0044 0.0045
February 0.0048 0.0045 0.0047
March 0.0049 0.0047 0.0048
April 0.0048 0.0047 0.0048
May 0.0048 0.0047 0.0047
June 0.0049 0.0048 0.0048
July 0.0049 0.0047 0.0048
August 0.0049 0.0047 0.0048
September 0.0050 0.0048 0.0049
October 0.0051 0.0048 0.0050
November 0.0049 0.0047 0.0048
December 0.0049 0.0047 0.0047