2023 THB to CAD Historical Review

YEARLY HIGH

0.0410 CAD

YEARLY LOW

0.0368 CAD

YEARLY AVERAGE

0.0389 CAD

2023 THB to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.0410. Conversely, the yearly low was recorded on October 9, dropping to 0.0368.

This high-to-low spread represents a total annual volatility of 0.0042 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0404 to the December average rate of 0.0384, the exchange rate registered a net change of -4.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0410 was up 3.43% compared to the 2022 peak of 0.0397, 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 10,258 CAD

2022 Average 9,301 CAD

Yearly Trough Low 9,196 CAD

Transaction Impact: A difference of 1,061.62 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0407

0.0373

JanuMarcMayJulySeptNove

THB to CAD 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 0.0395, compared to 0.0382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0395

H2 Avg (Jul–Dec) 0.0382

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0019 CAD (High: 0.0387 / Low: 0.0368). On the other end, August was the most stable month, with a tight range of 0.0007 CAD (High: 0.0388 / Low: 0.0381).

September Spread (Volatile) ±0.0019

August Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between June and August, 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 0.0015 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: 0.0404) against the same month in 2022 (average: 0.0380), the exchange rate shifted by +0.0024 (+6.35%).

2023 Avg (January) 0.0404

2022 Avg (January) 0.0380

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0410	0.0391	0.0404
February	0.0405	0.0387	0.0395
March	0.0408	0.0390	0.0398
April	0.0402	0.0388	0.0396
May	0.0405	0.0390	0.0396
June	0.0389	0.0372	0.0381
July	0.0388	0.0376	0.0382
August	0.0388	0.0381	0.0385
September	0.0387	0.0368	0.0378
October	0.0385	0.0368	0.0376
November	0.0394	0.0382	0.0387
December	0.0388	0.0380	0.0384