YEARLY HIGH
0.0617 BZD
YEARLY LOW
0.0543 BZD
YEARLY AVERAGE
0.0580 BZD

2023 THB to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.0617. Conversely, the yearly low was recorded on October 6, dropping to 0.0543.

This high-to-low spread represents a total annual volatility of 0.0074 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0607 to the December average rate of 0.0578, the exchange rate registered a net change of -4.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0617 was down 1.56% compared to the 2022 peak of 0.0627, 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 15,435 BZD
2022 Average 14,414 BZD
Yearly Trough Low 13,579 BZD
Transaction Impact: A difference of 1,856.60 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0613
0.0547
JanuMarcMayJulySeptNove

THB to BZD 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 0.0590, compared to 0.0570 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) 0.0590
H2 Avg (Jul–Dec) 0.0570

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0044 BZD (High: 0.0616 / Low: 0.0572). On the other end, April was the most stable month, with a tight range of 0.0013 BZD (High: 0.0595 / Low: 0.0582).

February Spread (Volatile) ±0.0044
April Spread (Stable) ±0.0013

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: 0.0607) against the same month in 2022 (average: 0.0607), the exchange rate shifted by +0.0001 (+0.10%).

2023 Avg (January) 0.0607
2022 Avg (January) 0.0607

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0617 0.0583 0.0607
February 0.0616 0.0572 0.0592
March 0.0593 0.0574 0.0584
April 0.0595 0.0582 0.0589
May 0.0601 0.0580 0.0590
June 0.0583 0.0565 0.0578
July 0.0593 0.0568 0.0582
August 0.0588 0.0568 0.0575
September 0.0575 0.0550 0.0563
October 0.0561 0.0543 0.0552
November 0.0581 0.0557 0.0568
December 0.0591 0.0565 0.0578