2023 THB to DKK Historical Review

YEARLY HIGH

0.2099 DKK

YEARLY LOW

0.1906 DKK

YEARLY AVERAGE

0.1983 DKK

2023 THB to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.2099. Conversely, the yearly low was recorded on October 6, dropping to 0.1906.

This high-to-low spread represents a total annual volatility of 0.0193 DKK. From a start-to-finish perspective, comparing the January average rate of 0.2078 to the December average rate of 0.1956, the exchange rate registered a net change of -5.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2099 was up 0.80% compared to the 2022 peak of 0.2083, 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 52,487 DKK

2022 Average 50,499 DKK

Yearly Trough Low 47,662 DKK

Transaction Impact: A difference of 4,825.11 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2092

0.1921

JanuMarcMayJulySeptNove

THB to DKK 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 0.2018, compared to 0.1947 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.2018

H2 Avg (Jul–Dec) 0.1947

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0092 DKK (High: 0.2099 / Low: 0.2008). On the other end, December was the most stable month, with a tight range of 0.0041 DKK (High: 0.1975 / Low: 0.1934).

January Spread (Volatile) ±0.0092

December Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between July and September, 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 0.0036 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2078) against the same month in 2022 (average: 0.1978), the exchange rate shifted by +0.0099 (+5.02%).

2023 Avg (January) 0.2078

2022 Avg (January) 0.1978

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2099	0.2008	0.2078
February	0.2074	0.1997	0.2043
March	0.2070	0.2001	0.2021
April	0.2017	0.1965	0.1989
May	0.2035	0.1987	0.2007
June	0.2007	0.1917	0.1971
July	0.1979	0.1916	0.1947
August	0.1975	0.1930	0.1950
September	0.1974	0.1930	0.1951
October	0.1958	0.1906	0.1936
November	0.1964	0.1922	0.1946
December	0.1975	0.1934	0.1956