2023 THB to BTN Historical Review

YEARLY HIGH

2.5039 BTN

YEARLY LOW

2.2426 BTN

YEARLY AVERAGE

2.3757 BTN

2023 THB to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 2.5039. Conversely, the yearly low was recorded on October 6, dropping to 2.2426.

This high-to-low spread represents a total annual volatility of 0.2613 BTN. From a start-to-finish perspective, comparing the January average rate of 2.4645 to the December average rate of 2.3875, the exchange rate registered a net change of -3.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5039 was up 4.55% compared to the 2022 peak of 2.3949, 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 625,966 BTN

2022 Average 561,219 BTN

Yearly Trough Low 560,641 BTN

Transaction Impact: A difference of 65,325.81 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4830

2.2606

JanuMarcMayJulySeptNove

THB to BTN 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 2.4067, compared to 2.3447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0620 points.

H1 Avg (Jan–Jun) 2.4067

H2 Avg (Jul–Dec) 2.3447

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1585 BTN (High: 2.5039 / Low: 2.3454). On the other end, August was the most stable month, with a tight range of 0.0575 BTN (High: 2.4001 / Low: 2.3426).

February Spread (Volatile) ±0.1585

August Spread (Stable) ±0.0575

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 May and June, when the average rate fell by 0.0503 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.4249) against the same month in 2022 (average: 2.2977), the exchange rate shifted by +0.1272 (+5.53%).

2023 Avg (February) 2.4249

2022 Avg (February) 2.2977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4943	2.3867	2.4645
February	2.5039	2.3454	2.4249
March	2.4316	2.3232	2.3891
April	2.4207	2.3620	2.3963
May	2.4467	2.3785	2.4079
June	2.3895	2.2997	2.3575
July	2.4136	2.3091	2.3714
August	2.4001	2.3426	2.3632
September	2.3621	2.2712	2.3184
October	2.3157	2.2426	2.2791
November	2.4020	2.3002	2.3484
December	2.4378	2.3350	2.3875