2023 THB to AZN Historical Review

YEARLY HIGH

0.0521 AZN

YEARLY LOW

0.0458 AZN

YEARLY AVERAGE

0.0489 AZN

2023 THB to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.0521. Conversely, the yearly low was recorded on October 3, dropping to 0.0458.

This high-to-low spread represents a total annual volatility of 0.0063 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0512 to the December average rate of 0.0487, the exchange rate registered a net change of -4.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0521 was down 1.60% compared to the 2022 peak of 0.0529, 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 13,020 AZN

2022 Average 12,157 AZN

Yearly Trough Low 11,451 AZN

Transaction Impact: A difference of 1,568.63 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0517

0.0461

JanuMarcMayJulySeptNove

THB to AZN 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 0.0498, compared to 0.0481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0498

H2 Avg (Jul–Dec) 0.0481

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0037 AZN (High: 0.0519 / Low: 0.0482). On the other end, April was the most stable month, with a tight range of 0.0009 AZN (High: 0.0502 / Low: 0.0493).

February Spread (Volatile) ±0.0037

April Spread (Stable) ±0.0009

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 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0512) against the same month in 2022 (average: 0.0512), the exchange rate shifted by +0.0000 (+0.09%).

2023 Avg (January) 0.0512

2022 Avg (January) 0.0512

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0521	0.0491	0.0512
February	0.0519	0.0482	0.0499
March	0.0504	0.0484	0.0494
April	0.0502	0.0493	0.0497
May	0.0507	0.0489	0.0497
June	0.0492	0.0477	0.0488
July	0.0500	0.0482	0.0491
August	0.0496	0.0479	0.0485
September	0.0485	0.0464	0.0475
October	0.0473	0.0458	0.0466
November	0.0490	0.0471	0.0480
December	0.0497	0.0476	0.0487