2023 THB to GTQ Historical Review

YEARLY HIGH

0.2405 GTQ

YEARLY LOW

0.2114 GTQ

YEARLY AVERAGE

0.2254 GTQ

2023 THB to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.2405. Conversely, the yearly low was recorded on October 6, dropping to 0.2114.

This high-to-low spread represents a total annual volatility of 0.0291 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.2364 to the December average rate of 0.2244, the exchange rate registered a net change of -5.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2405 was up 0.48% compared to the 2022 peak of 0.2393, 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 60,113 GTQ

2022 Average 55,411 GTQ

Yearly Trough Low 52,849 GTQ

Transaction Impact: A difference of 7,264.35 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2386

0.2127

JanuMarcMayJulySeptNove

THB to GTQ 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 0.2290, compared to 0.2217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.2290

H2 Avg (Jul–Dec) 0.2217

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0182 GTQ (High: 0.2398 / Low: 0.2216). On the other end, April was the most stable month, with a tight range of 0.0050 GTQ (High: 0.2303 / Low: 0.2254).

February Spread (Volatile) ±0.0182

April Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0064 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2364) against the same month in 2022 (average: 0.2319), the exchange rate shifted by +0.0045 (+1.95%).

2023 Avg (January) 0.2364

2022 Avg (January) 0.2319

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2405	0.2268	0.2364
February	0.2398	0.2216	0.2300
March	0.2297	0.2224	0.2264
April	0.2303	0.2254	0.2280
May	0.2334	0.2246	0.2283
June	0.2266	0.2201	0.2247
July	0.2308	0.2209	0.2264
August	0.2294	0.2212	0.2242
September	0.2247	0.2145	0.2197
October	0.2181	0.2114	0.2149
November	0.2257	0.2161	0.2208
December	0.2292	0.2193	0.2244