2023 THB to TRY Historical Review

YEARLY HIGH

0.8619 TRY

YEARLY LOW

0.5359 TRY

YEARLY AVERAGE

0.6826 TRY

2023 THB to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.8619. Conversely, the yearly low was recorded on February 28, dropping to 0.5359.

This high-to-low spread represents a total annual volatility of 0.3260 TRY. From a start-to-finish perspective, comparing the January average rate of 0.5657 to the December average rate of 0.8339, the exchange rate registered a net change of 47.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8619 was up 59.28% compared to the 2022 peak of 0.5411, 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 215,484 TRY

2022 Average 117,989 TRY

Yearly Trough Low 133,981 TRY

Transaction Impact: A difference of 81,502.76 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8621

0.5240

JanuMarcMayJulySeptNove

THB to TRY 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 0.5826, compared to 0.7825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1998 points.

H1 Avg (Jan–Jun) 0.5826

H2 Avg (Jul–Dec) 0.7825

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1372 TRY (High: 0.7406 / Low: 0.6034). On the other end, April was the most stable month, with a tight range of 0.0126 TRY (High: 0.5725 / Low: 0.5599).

June Spread (Volatile) ±0.1372

April Spread (Stable) ±0.0126

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0138 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.8339) against the same month in 2022 (average: 0.5367), the exchange rate shifted by +0.2971 (+55.36%).

2023 Avg (December) 0.8339

2022 Avg (December) 0.5367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5756	0.5402	0.5657
February	0.5748	0.5359	0.5534
March	0.5640	0.5391	0.5522
April	0.5725	0.5599	0.5660
May	0.5992	0.5689	0.5785
June	0.7406	0.6034	0.6800
July	0.7910	0.7296	0.7648
August	0.7869	0.7403	0.7682
September	0.7622	0.7455	0.7544
October	0.7869	0.7415	0.7645
November	0.8342	0.7860	0.8091
December	0.8619	0.8113	0.8339

2023 THB నుండి TRY చారిత్రక సమీక్ష