YEARLY HIGH
2.8904 THB
YEARLY LOW
2.3169 THB
YEARLY AVERAGE
2.5888 THB

2023 SCR to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 2.8904. Conversely, the yearly low was recorded on January 28, dropping to 2.3169.

This high-to-low spread represents a total annual volatility of 0.5734 THB. From a start-to-finish perspective, comparing the January average rate of 2.4541 to the December average rate of 2.5991, the exchange rate registered a net change of 5.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8904 was down 2.29% compared to the 2022 peak of 2.9582, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,452 THB
2022 Average 12,948 THB
Yearly Trough Low 11,585 THB
Transaction Impact: A difference of 2,867.22 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7673
2.4256
JanuMarcMayJulySeptNove

SCR 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 2.5229, compared to 2.6548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1319 points.

H1 Avg (Jan–Jun) 2.5229
H2 Avg (Jul–Dec) 2.6548

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.3802 THB (High: 2.7045 / Low: 2.3242). On the other end, August was the most stable month, with a tight range of 0.0799 THB (High: 2.6562 / Low: 2.5763).

February Spread (Volatile) ±0.3802
August Spread (Stable) ±0.0799

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0861 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0861

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.7388) against the same month in 2022 (average: 2.8408), the exchange rate shifted by -0.1020 (-3.59%).

2023 Avg (October) 2.7388
2022 Avg (October) 2.8408

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6712 2.3169 2.4541
February 2.7045 2.3242 2.5164
March 2.6705 2.4427 2.5581
April 2.6593 2.4218 2.5307
May 2.6447 2.4079 2.5327
June 2.7154 2.4518 2.5453
July 2.6943 2.4270 2.5918
August 2.6562 2.5763 2.6205
September 2.8477 2.6197 2.7257
October 2.8904 2.6490 2.7388
November 2.7381 2.5261 2.6528
December 2.7474 2.4730 2.5991