2023 THB to BWP Historical Review

YEARLY HIGH

0.3993 BWP

YEARLY LOW

0.3687 BWP

YEARLY AVERAGE

0.3842 BWP

2023 THB to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 15, valuing the pair at 0.3993. Conversely, the yearly low was recorded on January 1, dropping to 0.3687.

This high-to-low spread represents a total annual volatility of 0.0306 BWP. From a start-to-finish perspective, comparing the January average rate of 0.3848 to the December average rate of 0.3870, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3993 was up 6.12% compared to the 2022 peak of 0.3763, 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 99,820 BWP

2022 Average 88,274 BWP

Yearly Trough Low 92,164 BWP

Transaction Impact: A difference of 7,655.76 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3959

0.3747

JanuMarcMayJulySeptNove

THB to BWP 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 0.3861, compared to 0.3823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.3861

H2 Avg (Jul–Dec) 0.3823

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0235 BWP (High: 0.3922 / Low: 0.3687). On the other end, August was the most stable month, with a tight range of 0.0050 BWP (High: 0.3881 / Low: 0.3831).

January Spread (Volatile) ±0.0235

August Spread (Stable) ±0.0050

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 May and June, when the average rate fell by 0.0085 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.3941) against the same month in 2022 (average: 0.3528), the exchange rate shifted by +0.0413 (+11.71%).

2023 Avg (May) 0.3941

2022 Avg (May) 0.3528

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3922	0.3687	0.3848
February	0.3916	0.3780	0.3841
March	0.3908	0.3787	0.3841
April	0.3899	0.3790	0.3840
May	0.3993	0.3864	0.3941
June	0.3987	0.3765	0.3856
July	0.3864	0.3769	0.3824
August	0.3881	0.3831	0.3851
September	0.3869	0.3738	0.3811
October	0.3805	0.3711	0.3765
November	0.3900	0.3765	0.3815
December	0.3931	0.3822	0.3870