2023 THB to FJD Historical Review

YEARLY HIGH

0.0666 FJD

YEARLY LOW

0.0613 FJD

YEARLY AVERAGE

0.0642 FJD

2023 THB to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.0666. Conversely, the yearly low was recorded on October 9, dropping to 0.0613.

This high-to-low spread represents a total annual volatility of 0.0054 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0656 to the December average rate of 0.0635, the exchange rate registered a net change of -3.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0666 was up 0.28% compared to the 2022 peak of 0.0664, 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 16,657 FJD

2022 Average 15,635 FJD

Yearly Trough Low 15,317 FJD

Transaction Impact: A difference of 1,340.01 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0659

0.0622

JanuMarcMayJulySeptNove

THB to FJD 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 0.0647, compared to 0.0636 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0647

H2 Avg (Jul–Dec) 0.0636

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0033 FJD (High: 0.0662 / Low: 0.0629). On the other end, April was the most stable month, with a tight range of 0.0012 FJD (High: 0.0654 / Low: 0.0642).

February Spread (Volatile) ±0.0033

April Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0656) against the same month in 2022 (average: 0.0641), the exchange rate shifted by +0.0015 (+2.32%).

2023 Avg (January) 0.0656

2022 Avg (January) 0.0641

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0666	0.0637	0.0656
February	0.0662	0.0629	0.0644
March	0.0655	0.0635	0.0645
April	0.0654	0.0642	0.0648
May	0.0660	0.0643	0.0651
June	0.0651	0.0628	0.0638
July	0.0654	0.0629	0.0641
August	0.0657	0.0636	0.0644
September	0.0645	0.0622	0.0634
October	0.0635	0.0613	0.0625
November	0.0657	0.0631	0.0638
December	0.0642	0.0627	0.0635