2023 THB to HKD Historical Review

YEARLY HIGH

0.2400 HKD

YEARLY LOW

0.2110 HKD

YEARLY AVERAGE

0.2254 HKD

2023 THB to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.2400. Conversely, the yearly low was recorded on October 3, dropping to 0.2110.

This high-to-low spread represents a total annual volatility of 0.0290 HKD. From a start-to-finish perspective, comparing the January average rate of 0.2356 to the December average rate of 0.2238, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2400 was down 1.15% compared to the 2022 peak of 0.2428, 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 60,004 HKD

2022 Average 55,994 HKD

Yearly Trough Low 52,761 HKD

Transaction Impact: A difference of 7,243.44 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2377

0.2124

JanuMarcMayJulySeptNove

THB to HKD 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 0.2296, compared to 0.2211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.2296

H2 Avg (Jul–Dec) 0.2211

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0167 HKD (High: 0.2395 / Low: 0.2227). On the other end, April was the most stable month, with a tight range of 0.0043 HKD (High: 0.2318 / Low: 0.2276).

February Spread (Volatile) ±0.0167

April Spread (Stable) ±0.0043

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 January and February, when the average rate fell by 0.0052 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2356) against the same month in 2022 (average: 0.2345), the exchange rate shifted by +0.0011 (+0.45%).

2023 Avg (January) 0.2356

2022 Avg (January) 0.2345

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2400	0.2255	0.2356
February	0.2395	0.2227	0.2304
March	0.2328	0.2236	0.2281
April	0.2318	0.2276	0.2297
May	0.2340	0.2254	0.2293
June	0.2269	0.2199	0.2247
July	0.2295	0.2221	0.2258
August	0.2273	0.2206	0.2234
September	0.2239	0.2133	0.2187
October	0.2177	0.2110	0.2145
November	0.2248	0.2165	0.2204
December	0.2284	0.2187	0.2238