2023 THB to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 THB to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the THB to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 146.0312. Conversely, the yearly low was recorded on September 19, dropping to 108.3435.
This high-to-low spread represents a total annual volatility of 37.6877 COP. From a start-to-finish perspective, comparing the January average rate of 141.9260 to the December average rate of 113.3696, the exchange rate registered a net change of -20.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 146.0312 was up 4.21% compared to the 2022 peak of 140.1263, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
THB to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 134.5073, compared to 114.7382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.7692 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 12.0857 COP (High: 128.0256 / Low: 115.9399). On the other end, December was the most stable month, with a tight range of 4.3665 COP (High: 115.2710 / Low: 110.9045).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 12.3573 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 141.9260) against the same month in 2022 (average: 120.4041), the exchange rate shifted by +21.5219 (+17.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 146.0312 | 136.9365 | 141.9260 |
| February | 143.4831 | 135.5186 | 140.7616 |
| March | 142.0294 | 135.0196 | 138.2630 |
| April | 136.3305 | 128.6404 | 132.6809 |
| May | 138.2453 | 126.7191 | 132.8849 |
| June | 128.0256 | 115.9399 | 120.5276 |
| July | 119.9490 | 114.7074 | 117.3980 |
| August | 119.7852 | 112.8589 | 116.2198 |
| September | 117.2332 | 108.3435 | 111.9889 |
| October | 117.8611 | 110.7125 | 115.6844 |
| November | 116.7696 | 111.5572 | 113.7683 |
| December | 115.2710 | 110.9045 | 113.3696 |