YEARLY HIGH
0.0282 EUR
YEARLY LOW
0.0255 EUR
YEARLY AVERAGE
0.0266 EUR

2023 THB to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.0282. Conversely, the yearly low was recorded on October 6, dropping to 0.0255.

This high-to-low spread represents a total annual volatility of 0.0026 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0279 to the December average rate of 0.0262, the exchange rate registered a net change of -6.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0282 was up 0.59% compared to the 2022 peak of 0.0280, 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 7,041 EUR
2022 Average 6,787 EUR
Yearly Trough Low 6,387 EUR
Transaction Impact: A difference of 653.74 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0281
0.0257
JanuMarcMayJulySeptNove

THB to EUR 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 0.0271, compared to 0.0261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0271
H2 Avg (Jul–Dec) 0.0261

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0012 EUR (High: 0.0269 / Low: 0.0257). On the other end, December was the most stable month, with a tight range of 0.0005 EUR (High: 0.0264 / Low: 0.0259).

June Spread (Volatile) ±0.0012
December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between October and December, 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 March and April, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0279) against the same month in 2022 (average: 0.0266), the exchange rate shifted by +0.0013 (+5.02%).

2023 Avg (January) 0.0279
2022 Avg (January) 0.0266

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0282 0.0270 0.0279
February 0.0279 0.0268 0.0274
March 0.0275 0.0269 0.0271
April 0.0270 0.0263 0.0266
May 0.0272 0.0266 0.0269
June 0.0269 0.0257 0.0265
July 0.0265 0.0257 0.0261
August 0.0265 0.0259 0.0262
September 0.0265 0.0259 0.0262
October 0.0262 0.0255 0.0259
November 0.0263 0.0258 0.0261
December 0.0264 0.0259 0.0262