2023 THB to BND Historical Review

YEARLY HIGH

0.0405 BND

YEARLY LOW

0.0368 BND

YEARLY AVERAGE

0.0386 BND

2023 THB to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.0405. Conversely, the yearly low was recorded on October 8, dropping to 0.0368.

This high-to-low spread represents a total annual volatility of 0.0037 BND. From a start-to-finish perspective, comparing the January average rate of 0.0400 to the December average rate of 0.0382, the exchange rate registered a net change of -4.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0405 was down 3.14% compared to the 2022 peak of 0.0418, 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 10,126 BND

2022 Average 9,853 BND

Yearly Trough Low 9,208 BND

Transaction Impact: A difference of 918.13 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0402

0.0373

JanuMarcMayJulySeptNove

THB to BND 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 0.0391, compared to 0.0381 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0391

H2 Avg (Jul–Dec) 0.0381

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0018 BND (High: 0.0401 / Low: 0.0383). On the other end, August was the most stable month, with a tight range of 0.0006 BND (High: 0.0389 / Low: 0.0383).

February Spread (Volatile) ±0.0018

August Spread (Stable) ±0.0006

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 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0400) against the same month in 2022 (average: 0.0406), the exchange rate shifted by -0.0007 (-1.67%).

2023 Avg (January) 0.0400

2022 Avg (January) 0.0406

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0405	0.0387	0.0400
February	0.0401	0.0383	0.0391
March	0.0395	0.0383	0.0389
April	0.0394	0.0384	0.0389
May	0.0396	0.0388	0.0392
June	0.0391	0.0379	0.0386
July	0.0390	0.0380	0.0385
August	0.0389	0.0383	0.0385
September	0.0385	0.0373	0.0380
October	0.0380	0.0368	0.0375
November	0.0386	0.0376	0.0381
December	0.0386	0.0375	0.0382