2023 SRD to THB Historical Review

YEARLY HIGH

1.0907 THB

YEARLY LOW

0.8848 THB

YEARLY AVERAGE

0.9527 THB

2023 SRD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.0907. Conversely, the yearly low was recorded on July 19, dropping to 0.8848.

This high-to-low spread represents a total annual volatility of 0.2059 THB. From a start-to-finish perspective, comparing the January average rate of 1.0439 to the December average rate of 0.9342, the exchange rate registered a net change of -10.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0907 was down 34.38% compared to the 2022 peak of 1.6620, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,453 THB

2022 Average 7,370 THB

Yearly Trough Low 4,424 THB

Transaction Impact: A difference of 1,029.36 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0571

0.8983

JanuMarcMayJulySeptNove

SRD 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 0.9746, compared to 0.9309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0436 points.

H1 Avg (Jan–Jun) 0.9746

H2 Avg (Jul–Dec) 0.9309

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1019 THB (High: 1.0461 / Low: 0.9442). On the other end, October was the most stable month, with a tight range of 0.0301 THB (High: 0.9720 / Low: 0.9419).

March Spread (Volatile) ±0.1019

October Spread (Stable) ±0.0301

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 March and April, when the average rate fell by 0.0660 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0660

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.0439) against the same month in 2022 (average: 1.5706), the exchange rate shifted by -0.5267 (-33.54%).

2023 Avg (January) 1.0439

2022 Avg (January) 1.5706

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0907	1.0081	1.0439
February	1.0546	1.0086	1.0385
March	1.0461	0.9442	0.9954
April	0.9570	0.9107	0.9294
May	0.9319	0.8887	0.9153
June	0.9463	0.9130	0.9248
July	0.9431	0.8848	0.9115
August	0.9292	0.8892	0.9156
September	0.9597	0.9139	0.9350
October	0.9720	0.9419	0.9564
November	0.9506	0.9131	0.9327
December	0.9524	0.9216	0.9342