2023 THB to HNL Historical Review

YEARLY HIGH

0.7557 HNL

YEARLY LOW

0.6645 HNL

YEARLY AVERAGE

0.7098 HNL

2023 THB to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.7557. Conversely, the yearly low was recorded on October 6, dropping to 0.6645.

This high-to-low spread represents a total annual volatility of 0.0911 HNL. From a start-to-finish perspective, comparing the January average rate of 0.7430 to the December average rate of 0.7081, the exchange rate registered a net change of -4.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7557 was down 1.24% compared to the 2022 peak of 0.7652, 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 188,917 HNL

2022 Average 175,943 HNL

Yearly Trough Low 166,135 HNL

Transaction Impact: A difference of 22,782.43 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7496

0.6704

JanuMarcMayJulySeptNove

THB to HNL 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 0.7218, compared to 0.6979 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0238 points.

H1 Avg (Jan–Jun) 0.7218

H2 Avg (Jul–Dec) 0.6979

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0538 HNL (High: 0.7534 / Low: 0.6996). On the other end, April was the most stable month, with a tight range of 0.0146 HNL (High: 0.7266 / Low: 0.7119).

February Spread (Volatile) ±0.0538

April Spread (Stable) ±0.0146

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 0.0192 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7430) against the same month in 2022 (average: 0.7379), the exchange rate shifted by +0.0051 (+0.69%).

2023 Avg (January) 0.7430

2022 Avg (January) 0.7379

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7557	0.7137	0.7430
February	0.7534	0.6996	0.7238
March	0.7292	0.7029	0.7158
April	0.7266	0.7119	0.7194
May	0.7352	0.7079	0.7207
June	0.7159	0.6930	0.7079
July	0.7254	0.6931	0.7113
August	0.7182	0.6931	0.7026
September	0.7029	0.6761	0.6919
October	0.6886	0.6645	0.6770
November	0.7137	0.6829	0.6965
December	0.7216	0.6908	0.7081