2023 THB to BBD Historical Review

YEARLY HIGH

0.0613 BBD

YEARLY LOW

0.0539 BBD

YEARLY AVERAGE

0.0576 BBD

2023 THB to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.0613. Conversely, the yearly low was recorded on October 3, dropping to 0.0539.

This high-to-low spread represents a total annual volatility of 0.0074 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0602 to the December average rate of 0.0573, 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 0.0613 was down 1.60% compared to the 2022 peak of 0.0623, 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 15,317 BBD

2022 Average 14,302 BBD

Yearly Trough Low 13,472 BBD

Transaction Impact: A difference of 1,845.44 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0608

0.0543

JanuMarcMayJulySeptNove

THB to BBD 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 0.0586, compared to 0.0565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0586

H2 Avg (Jul–Dec) 0.0565

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0043 BBD (High: 0.0611 / Low: 0.0568). On the other end, April was the most stable month, with a tight range of 0.0011 BBD (High: 0.0591 / Low: 0.0580).

February Spread (Volatile) ±0.0043

April Spread (Stable) ±0.0011

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 0.0015 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0602) against the same month in 2022 (average: 0.0602), the exchange rate shifted by +0.0001 (+0.08%).

2023 Avg (January) 0.0602

2022 Avg (January) 0.0602

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0613	0.0578	0.0602
February	0.0611	0.0568	0.0587
March	0.0593	0.0570	0.0581
April	0.0591	0.0580	0.0585
May	0.0596	0.0575	0.0585
June	0.0579	0.0561	0.0574
July	0.0588	0.0567	0.0578
August	0.0583	0.0563	0.0571
September	0.0571	0.0545	0.0559
October	0.0557	0.0539	0.0548
November	0.0577	0.0554	0.0565
December	0.0585	0.0560	0.0573