2023 THB to GBP Historical Review

YEARLY HIGH

0.0249 GBP

YEARLY LOW

0.0220 GBP

YEARLY AVERAGE

0.0232 GBP

2023 THB to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0249. Conversely, the yearly low was recorded on July 13, dropping to 0.0220.

This high-to-low spread represents a total annual volatility of 0.0029 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0246 to the December average rate of 0.0226, the exchange rate registered a net change of -8.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0249 was up 1.16% compared to the 2022 peak of 0.0247, 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 6,235 GBP

2022 Average 5,788 GBP

Yearly Trough Low 5,509 GBP

Transaction Impact: A difference of 726.34 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0248

0.0222

JanuMarcMayJulySeptNove

THB to GBP 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 0.0238, compared to 0.0226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0238

H2 Avg (Jul–Dec) 0.0226

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0014 GBP (High: 0.0249 / Low: 0.0236). On the other end, September was the most stable month, with a tight range of 0.0004 GBP (High: 0.0228 / Low: 0.0224).

February Spread (Volatile) ±0.0014

September Spread (Stable) ±0.0004

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 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0243) against the same month in 2022 (average: 0.0227), the exchange rate shifted by +0.0017 (+7.40%).

2023 Avg (February) 0.0243

2022 Avg (February) 0.0227

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0249	0.0239	0.0246
February	0.0249	0.0236	0.0243
March	0.0244	0.0236	0.0239
April	0.0238	0.0233	0.0235
May	0.0238	0.0232	0.0235
June	0.0231	0.0222	0.0227
July	0.0228	0.0220	0.0224
August	0.0228	0.0221	0.0225
September	0.0228	0.0224	0.0225
October	0.0229	0.0221	0.0225
November	0.0230	0.0224	0.0227
December	0.0230	0.0223	0.0226