YEARLY HIGH
0.1125 AED
YEARLY LOW
0.0990 AED
YEARLY AVERAGE
0.1057 AED

2023 THB to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.1125. Conversely, the yearly low was recorded on October 3, dropping to 0.0990.

This high-to-low spread represents a total annual volatility of 0.0136 AED. From a start-to-finish perspective, comparing the January average rate of 0.1106 to the December average rate of 0.1052, the exchange rate registered a net change of -4.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1125 was down 1.60% compared to the 2022 peak of 0.1144, 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 28,131 AED
2022 Average 26,267 AED
Yearly Trough Low 24,741 AED
Transaction Impact: A difference of 3,389.31 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1116
0.0997
JanuMarcMayJulySeptNove

THB to AED 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 0.1076, compared to 0.1038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.1076
H2 Avg (Jul–Dec) 0.1038

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0080 AED (High: 0.1122 / Low: 0.1042). On the other end, April was the most stable month, with a tight range of 0.0020 AED (High: 0.1085 / Low: 0.1065).

February Spread (Volatile) ±0.0080
April Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between March and May, 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 0.0028 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1106) against the same month in 2022 (average: 0.1105), the exchange rate shifted by +0.0001 (+0.08%).

2023 Avg (January) 0.1106
2022 Avg (January) 0.1105

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1125 0.1061 0.1106
February 0.1122 0.1042 0.1078
March 0.1089 0.1046 0.1067
April 0.1085 0.1065 0.1075
May 0.1095 0.1056 0.1075
June 0.1063 0.1031 0.1054
July 0.1079 0.1041 0.1061
August 0.1071 0.1035 0.1048
September 0.1048 0.1001 0.1026
October 0.1022 0.0990 0.1007
November 0.1059 0.1018 0.1037
December 0.1074 0.1029 0.1052