2023 THB to IRR Historical Review

YEARLY HIGH

1289.1542 IRR

YEARLY LOW

1138.0437 IRR

YEARLY AVERAGE

1215.1637 IRR

2023 THB to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1289.1542. Conversely, the yearly low was recorded on October 3, dropping to 1138.0437.

This high-to-low spread represents a total annual volatility of 151.1106 IRR. From a start-to-finish perspective, comparing the January average rate of 1263.2292 to the December average rate of 1210.0234, the exchange rate registered a net change of -4.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1289.1542 was down 2.05% compared to the 2022 peak of 1316.1581, 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 322,288,556 IRR

2022 Average 302,254,288 IRR

Yearly Trough Low 284,510,913 IRR

Transaction Impact: A difference of 37,777,642.88 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1273.7470

1147.5330

JanuMarcMayJulySeptNove

THB to IRR 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 1235.6951, compared to 1194.6322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 41.0630 points.

H1 Avg (Jan–Jun) 1235.6951

H2 Avg (Jul–Dec) 1194.6322

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 88.8137 IRR (High: 1289.1542 / Low: 1200.3405). On the other end, April was the most stable month, with a tight range of 22.9325 IRR (High: 1247.8364 / Low: 1224.9040).

February Spread (Volatile) ±88.8137

April Spread (Stable) ±22.9325

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 August and September, when the average rate fell by 26.4721 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -26.4721

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1239.5460) against the same month in 2022 (average: 1295.8015), the exchange rate shifted by -56.2555 (-4.34%).

2023 Avg (February) 1239.5460

2022 Avg (February) 1295.8015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1288.5496	1209.5240	1263.2292
February	1289.1542	1200.3405	1239.5460
March	1252.8569	1204.2959	1225.2643
April	1247.8364	1224.9040	1236.5190
May	1260.4350	1216.9160	1237.0050
June	1223.8787	1186.1672	1212.6073
July	1242.3647	1197.2230	1220.2039
August	1233.9603	1191.5163	1206.5985
September	1206.0020	1151.6544	1180.1264
October	1176.4747	1138.0437	1158.0508
November	1218.9055	1171.2904	1192.7901
December	1228.6596	1183.7932	1210.0234