YEARLY HIGH
4.5898 HTG
YEARLY LOW
3.6122 HTG
YEARLY AVERAGE
4.0812 HTG

2023 THB to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 4.5898. Conversely, the yearly low was recorded on October 3, dropping to 3.6122.

This high-to-low spread represents a total annual volatility of 0.9776 HTG. From a start-to-finish perspective, comparing the January average rate of 4.4716 to the December average rate of 3.7888, the exchange rate registered a net change of -15.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 4.5898 was up 8.01% compared to the 2022 peak of 4.2496, 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 1,147,448 HTG
2022 Average 837,456 HTG
Yearly Trough Low 903,041 HTG
Transaction Impact: A difference of 244,407.24 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4.6234
3.5853
JanuMarcMayJulySeptNove

THB to HTG 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 4.3555, compared to 3.8069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5486 points.

H1 Avg (Jan–Jun) 4.3555
H2 Avg (Jul–Dec) 3.8069

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.5046 HTG (High: 4.5441 / Low: 4.0395). On the other end, October was the most stable month, with a tight range of 0.1080 HTG (High: 3.7201 / Low: 3.6122).

May Spread (Volatile) ±0.5046
October Spread (Stable) ±0.1080

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.2809 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2809

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 4.5369) against the same month in 2022 (average: 3.2094), the exchange rate shifted by +1.3275 (+41.36%).

2023 Avg (April) 4.5369
2022 Avg (April) 3.2094

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.5477 4.2776 4.4716
February 4.5570 4.2556 4.4097
March 4.5592 4.3350 4.4633
April 4.5898 4.4464 4.5369
May 4.5441 4.0395 4.2561
June 4.0599 3.8855 3.9952
July 4.0514 3.8984 3.9774
August 3.9824 3.8185 3.8845
September 3.8709 3.6913 3.7784
October 3.7201 3.6122 3.6719
November 3.8152 3.6639 3.7402
December 3.8646 3.7009 3.7888