2023 THB to IDR Historical Review

YEARLY HIGH

466.3077 IDR

YEARLY LOW

419.5948 IDR

YEARLY AVERAGE

438.5384 IDR

2023 THB to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 466.3077. Conversely, the yearly low was recorded on October 2, dropping to 419.5948.

This high-to-low spread represents a total annual volatility of 46.7129 IDR. From a start-to-finish perspective, comparing the January average rate of 459.0371 to the December average rate of 443.6223, the exchange rate registered a net change of -3.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 466.3077 was up 2.48% compared to the 2022 peak of 455.0274, 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 116,576,920 IDR

2022 Average 106,083,033 IDR

Yearly Trough Low 104,898,692 IDR

Transaction Impact: A difference of 11,678,228.23 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

462.0683

425.6944

JanuMarcMayJulySeptNove

THB to IDR 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 441.1819, compared to 435.8948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2871 points.

H1 Avg (Jan–Jun) 441.1819

H2 Avg (Jul–Dec) 435.8948

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 22.2868 IDR (High: 455.0053 / Low: 432.7185). On the other end, November was the most stable month, with a tight range of 9.2026 IDR (High: 444.0811 / Low: 434.8786).

February Spread (Volatile) ±22.2868

November Spread (Stable) ±9.2026

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 13.8095 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -13.8095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 459.0371) against the same month in 2022 (average: 431.3724), the exchange rate shifted by +27.6647 (+6.41%).

2023 Avg (January) 459.0371

2022 Avg (January) 431.3724

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	466.3077	449.5415	459.0371
February	455.0053	432.7185	445.2276
March	455.8916	439.1674	444.5267
April	441.2748	427.9546	435.1567
May	440.2396	429.0705	434.4176
June	432.8297	421.2049	428.7256
July	442.0070	424.8442	434.9766
August	441.6739	432.1579	435.6674
September	435.5233	423.2105	429.4154
October	441.1953	419.5948	431.9978
November	444.0811	434.8786	439.6894
December	450.7542	436.3071	443.6223