2023 THB to CNY Historical Review

YEARLY HIGH

0.2124 CNY

YEARLY LOW

0.1939 CNY

YEARLY AVERAGE

0.2035 CNY

2023 THB to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.2124. Conversely, the yearly low was recorded on October 3, dropping to 0.1939.

This high-to-low spread represents a total annual volatility of 0.0185 CNY. From a start-to-finish perspective, comparing the January average rate of 0.2046 to the December average rate of 0.2040, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2124 was up 4.92% compared to the 2022 peak of 0.2024, 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 53,096 CNY

2022 Average 48,042 CNY

Yearly Trough Low 48,473 CNY

Transaction Impact: A difference of 4,623.43 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2084

0.1986

JanuMarcMayJulySeptNove

THB to CNY 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 0.2028, compared to 0.2041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.2028

H2 Avg (Jul–Dec) 0.2041

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0097 CNY (High: 0.2036 / Low: 0.1939). On the other end, June was the most stable month, with a tight range of 0.0033 CNY (High: 0.2067 / Low: 0.2034).

October Spread (Volatile) ±0.0097

June Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0043 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2076) against the same month in 2022 (average: 0.1855), the exchange rate shifted by +0.0221 (+11.93%).

2023 Avg (July) 0.2076

2022 Avg (July) 0.1855

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2078	0.1994	0.2046
February	0.2059	0.1967	0.2009
March	0.2042	0.1981	0.2003
April	0.2035	0.1995	0.2015
May	0.2064	0.2021	0.2045
June	0.2067	0.2034	0.2052
July	0.2124	0.2055	0.2076
August	0.2093	0.2048	0.2066
September	0.2073	0.1993	0.2037
October	0.2036	0.1939	0.1994
November	0.2070	0.1993	0.2034
December	0.2083	0.2010	0.2040