2023 THB to AFN Historical Review

YEARLY HIGH

2.7467 AFN

YEARLY LOW

1.9409 AFN

YEARLY AVERAGE

2.3848 AFN

2023 THB to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 2.7467. Conversely, the yearly low was recorded on December 11, dropping to 1.9409.

This high-to-low spread represents a total annual volatility of 0.8057 AFN. From a start-to-finish perspective, comparing the January average rate of 2.6767 to the December average rate of 2.0044, the exchange rate registered a net change of -25.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7467 was down 14.03% compared to the 2022 peak of 3.1950, 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 686,666 AFN

2022 Average 644,400 AFN

Yearly Trough Low 485,235 AFN

Transaction Impact: A difference of 201,430.21 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7439

1.9372

JanuMarcMayJulySeptNove

THB to AFN 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 2.5729, compared to 2.1967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3762 points.

H1 Avg (Jan–Jun) 2.5729

H2 Avg (Jul–Dec) 2.1967

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.2627 AFN (High: 2.3253 / Low: 2.0626). On the other end, October was the most stable month, with a tight range of 0.0842 AFN (High: 2.1195 / Low: 2.0353).

September Spread (Volatile) ±0.2627

October Spread (Stable) ±0.0842

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2321 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2321

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.6326) against the same month in 2022 (average: 2.8598), the exchange rate shifted by -0.2272 (-7.95%).

2023 Avg (February) 2.6326

2022 Avg (February) 2.8598

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7366	2.5388	2.6767
February	2.7467	2.5080	2.6326
March	2.5987	2.5022	2.5458
April	2.6683	2.4750	2.5350
May	2.6270	2.5053	2.5601
June	2.5313	2.4177	2.4873
July	2.5609	2.4431	2.5021
August	2.5265	2.3194	2.4095
September	2.3253	2.0626	2.1773
October	2.1195	2.0353	2.0701
November	2.0912	1.9564	2.0168
December	2.0657	1.9409	2.0044