2023 THB to ILS Historical Review

YEARLY HIGH

0.1126 ILS

YEARLY LOW

0.1017 ILS

YEARLY AVERAGE

0.1060 ILS

2023 THB to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.1126. Conversely, the yearly low was recorded on January 2, dropping to 0.1017.

This high-to-low spread represents a total annual volatility of 0.0109 ILS. From a start-to-finish perspective, comparing the January average rate of 0.1037 to the December average rate of 0.1050, the exchange rate registered a net change of 1.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1126 was up 10.23% compared to the 2022 peak of 0.1021, 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 28,140 ILS

2022 Average 23,985 ILS

Yearly Trough Low 25,427 ILS

Transaction Impact: A difference of 2,713.59 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1096

0.1032

JanuMarcMayJulySeptNove

THB to ILS 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 0.1052, compared to 0.1068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.1052

H2 Avg (Jul–Dec) 0.1068

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0089 ILS (High: 0.1126 / Low: 0.1037). On the other end, December was the most stable month, with a tight range of 0.0030 ILS (High: 0.1067 / Low: 0.1037).

October Spread (Volatile) ±0.0089

December Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0030 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1091) against the same month in 2022 (average: 0.0934), the exchange rate shifted by +0.0157 (+16.80%).

2023 Avg (October) 0.1091

2022 Avg (October) 0.0934

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1056	0.1017	0.1037
February	0.1054	0.1021	0.1040
March	0.1084	0.1020	0.1051
April	0.1083	0.1050	0.1064
May	0.1090	0.1058	0.1074
June	0.1083	0.1026	0.1044
July	0.1083	0.1042	0.1059
August	0.1085	0.1052	0.1069
September	0.1084	0.1042	0.1066
October	0.1126	0.1037	0.1091
November	0.1114	0.1053	0.1073
December	0.1067	0.1037	0.1050