2023 THB to BAM Historical Review

YEARLY HIGH

0.0553 BAM

YEARLY LOW

0.0499 BAM

YEARLY AVERAGE

0.0520 BAM

2023 THB to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.0553. Conversely, the yearly low was recorded on October 6, dropping to 0.0499.

This high-to-low spread represents a total annual volatility of 0.0054 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0547 to the December average rate of 0.0513, the exchange rate registered a net change of -6.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0553 was up 1.05% compared to the 2022 peak of 0.0548, 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 13,835 BAM

2022 Average 13,272 BAM

Yearly Trough Low 12,482 BAM

Transaction Impact: A difference of 1,353.35 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0551

0.0503

JanuMarcMayJulySeptNove

THB to BAM 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 0.0530, compared to 0.0511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0530

H2 Avg (Jul–Dec) 0.0511

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0026 BAM (High: 0.0528 / Low: 0.0502). On the other end, December was the most stable month, with a tight range of 0.0010 BAM (High: 0.0517 / Low: 0.0507).

June Spread (Volatile) ±0.0026

December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between October and December, 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 0.0011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0547) against the same month in 2022 (average: 0.0520), the exchange rate shifted by +0.0027 (+5.26%).

2023 Avg (January) 0.0547

2022 Avg (January) 0.0520

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0553	0.0529	0.0547
February	0.0548	0.0523	0.0536
March	0.0542	0.0523	0.0531
April	0.0529	0.0513	0.0521
May	0.0533	0.0519	0.0526
June	0.0528	0.0502	0.0518
July	0.0520	0.0502	0.0511
August	0.0520	0.0505	0.0511
September	0.0515	0.0504	0.0511
October	0.0514	0.0499	0.0507
November	0.0518	0.0505	0.0511
December	0.0517	0.0507	0.0513