YEARLY HIGH
1.7386 DOP
YEARLY LOW
1.5296 DOP
YEARLY AVERAGE
1.6114 DOP

2023 THB to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 1.7386. Conversely, the yearly low was recorded on October 3, dropping to 1.5296.

This high-to-low spread represents a total annual volatility of 0.2090 DOP. From a start-to-finish perspective, comparing the January average rate of 1.7047 to the December average rate of 1.6428, the exchange rate registered a net change of -3.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.7386 was down 1.51% compared to the 2022 peak of 1.7652, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 434,655 DOP
2022 Average 393,332 DOP
Yearly Trough Low 382,404 DOP
Transaction Impact: A difference of 52,250.41 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.7195
1.5421
JanuMarcMayJulySeptNove

THB to DOP 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 1.6202, compared to 1.6025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0178 points.

H1 Avg (Jan–Jun) 1.6202
H2 Avg (Jul–Dec) 1.6025

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1519 DOP (High: 1.7294 / Low: 1.5774). On the other end, April was the most stable month, with a tight range of 0.0365 DOP (High: 1.6182 / Low: 1.5817).

February Spread (Volatile) ±0.1519
April Spread (Stable) ±0.0365

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0551 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0551

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.7047) against the same month in 2022 (average: 1.7333), the exchange rate shifted by -0.0286 (-1.65%).

2023 Avg (January) 1.7047
2022 Avg (January) 1.7333

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7386 1.6258 1.7047
February 1.7294 1.5774 1.6496
March 1.6138 1.5743 1.5968
April 1.6182 1.5817 1.6006
May 1.6225 1.5714 1.5957
June 1.5877 1.5511 1.5740
July 1.6470 1.5588 1.6119
August 1.6415 1.5955 1.6160
September 1.6204 1.5481 1.5852
October 1.5826 1.5296 1.5568
November 1.6366 1.5714 1.6020
December 1.6960 1.5959 1.6428