2023 RSD to THB Historical Review

YEARLY HIGH

0.3339 THB

YEARLY LOW

0.3019 THB

YEARLY AVERAGE

0.3207 THB

2023 RSD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.3339. Conversely, the yearly low was recorded on January 21, dropping to 0.3019.

This high-to-low spread represents a total annual volatility of 0.0319 THB. From a start-to-finish perspective, comparing the January average rate of 0.3052 to the December average rate of 0.3252, the exchange rate registered a net change of 6.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3339 was up 2.76% compared to the 2022 peak of 0.3249, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,669 THB

2022 Average 1,568 THB

Yearly Trough Low 1,510 THB

Transaction Impact: A difference of 159.74 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3311

0.3028

JanuMarcMayJulySeptNove

RSD 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 0.3148, compared to 0.3266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0117 points.

H1 Avg (Jan–Jun) 0.3148

H2 Avg (Jul–Dec) 0.3266

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0149 THB (High: 0.3315 / Low: 0.3166). On the other end, December was the most stable month, with a tight range of 0.0071 THB (High: 0.3290 / Low: 0.3219).

June Spread (Volatile) ±0.0149

December Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3287) against the same month in 2022 (average: 0.3180), the exchange rate shifted by +0.0107 (+3.38%).

2023 Avg (October) 0.3287

2022 Avg (October) 0.3180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3160	0.3019	0.3052
February	0.3178	0.3059	0.3107
March	0.3172	0.3077	0.3143
April	0.3245	0.3150	0.3197
May	0.3213	0.3120	0.3167
June	0.3315	0.3166	0.3225
July	0.3320	0.3210	0.3266
August	0.3292	0.3217	0.3260
September	0.3296	0.3220	0.3260
October	0.3339	0.3253	0.3287
November	0.3308	0.3228	0.3270
December	0.3290	0.3219	0.3252