2023 THB to BOB Historical Review

YEARLY HIGH

0.2117 BOB

YEARLY LOW

0.1862 BOB

YEARLY AVERAGE

0.1988 BOB

2023 THB to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.2117. Conversely, the yearly low was recorded on October 6, dropping to 0.1862.

This high-to-low spread represents a total annual volatility of 0.0255 BOB. From a start-to-finish perspective, comparing the January average rate of 0.2081 to the December average rate of 0.1982, the exchange rate registered a net change of -4.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2117 was down 1.20% compared to the 2022 peak of 0.2142, 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 52,913 BOB

2022 Average 49,289 BOB

Yearly Trough Low 46,550 BOB

Transaction Impact: A difference of 6,363.11 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2100

0.1874

JanuMarcMayJulySeptNove

THB to BOB 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 0.2023, compared to 0.1953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.2023

H2 Avg (Jul–Dec) 0.1953

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0150 BOB (High: 0.2110 / Low: 0.1960). On the other end, April was the most stable month, with a tight range of 0.0041 BOB (High: 0.2044 / Low: 0.2003).

February Spread (Volatile) ±0.0150

April Spread (Stable) ±0.0041

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 0.0052 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2081) against the same month in 2022 (average: 0.2074), the exchange rate shifted by +0.0008 (+0.38%).

2023 Avg (January) 0.2081

2022 Avg (January) 0.2074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2117	0.1997	0.2081
February	0.2110	0.1960	0.2029
March	0.2035	0.1968	0.2005
April	0.2044	0.2003	0.2022
May	0.2060	0.1989	0.2021
June	0.2000	0.1938	0.1982
July	0.2033	0.1946	0.1994
August	0.2016	0.1947	0.1972
September	0.1973	0.1886	0.1930
October	0.1922	0.1862	0.1893
November	0.1991	0.1908	0.1948
December	0.2025	0.1936	0.1982