2023 SYP to THB Historical Review

YEARLY HIGH

0.0148 THB

YEARLY LOW

0.0130 THB

YEARLY AVERAGE

0.0138 THB

2023 SYP to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0148. Conversely, the yearly low was recorded on January 21, dropping to 0.0130.

This high-to-low spread represents a total annual volatility of 0.0018 THB. From a start-to-finish perspective, comparing the January average rate of 0.0132 to the December average rate of 0.0139, the exchange rate registered a net change of 5.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0148 was down 3.10% compared to the 2022 peak of 0.0152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74 THB

2022 Average 70 THB

Yearly Trough Low 65 THB

Transaction Impact: A difference of 8.90 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0147

0.0131

JanuMarcMayJulySeptNove

SYP 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 0.0136, compared to 0.0141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0136

H2 Avg (Jul–Dec) 0.0141

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0010 THB (High: 0.0140 / Low: 0.0130). On the other end, April was the most stable month, with a tight range of 0.0003 THB (High: 0.0137 / Low: 0.0135).

February Spread (Volatile) ±0.0010

April Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0145) against the same month in 2022 (average: 0.0151), the exchange rate shifted by -0.0006 (-3.79%).

2023 Avg (October) 0.0145

2022 Avg (October) 0.0151

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0138	0.0130	0.0132
February	0.0140	0.0130	0.0136
March	0.0140	0.0134	0.0137
April	0.0137	0.0135	0.0136
May	0.0138	0.0133	0.0136
June	0.0142	0.0137	0.0139
July	0.0140	0.0135	0.0138
August	0.0141	0.0136	0.0139
September	0.0146	0.0139	0.0143
October	0.0148	0.0143	0.0145
November	0.0144	0.0138	0.0141
December	0.0142	0.0136	0.0139