2023 THB to EGP Historical Review

YEARLY HIGH

0.9224 EGP

YEARLY LOW

0.7154 EGP

YEARLY AVERAGE

0.8821 EGP

2023 THB to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.9224. Conversely, the yearly low was recorded on January 1, dropping to 0.7154.

This high-to-low spread represents a total annual volatility of 0.2070 EGP. From a start-to-finish perspective, comparing the January average rate of 0.8630 to the December average rate of 0.8854, the exchange rate registered a net change of 2.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9224 was up 28.82% compared to the 2022 peak of 0.7161, 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 230,603 EGP

2022 Average 136,914 EGP

Yearly Trough Low 178,849 EGP

Transaction Impact: A difference of 51,754.41 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9081

0.8410

JanuMarcMayJulySeptNove

THB to EGP 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 0.8907, compared to 0.8735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0172 points.

H1 Avg (Jan–Jun) 0.8907

H2 Avg (Jul–Dec) 0.8735

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2027 EGP (High: 0.9181 / Low: 0.7154). On the other end, April was the most stable month, with a tight range of 0.0143 EGP (High: 0.9102 / Low: 0.8959).

January Spread (Volatile) ±0.2027

April Spread (Stable) ±0.0143

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0190 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.8946) against the same month in 2022 (average: 0.4822), the exchange rate shifted by +0.4125 (+85.54%).

2023 Avg (February) 0.8946

2022 Avg (February) 0.4822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9181	0.7154	0.8630
February	0.9224	0.8693	0.8946
March	0.9089	0.8754	0.8953
April	0.9102	0.8959	0.9025
May	0.9181	0.8870	0.9025
June	0.8960	0.8670	0.8862
July	0.9068	0.8760	0.8919
August	0.9013	0.8706	0.8820
September	0.8813	0.8424	0.8630
October	0.8602	0.8328	0.8466
November	0.8915	0.8553	0.8719
December	0.9036	0.8661	0.8854