2023 THB to KGS Historical Review

YEARLY HIGH

2.6338 KGS

YEARLY LOW

2.3902 KGS

YEARLY AVERAGE

2.5278 KGS

2023 THB to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 2.6338. Conversely, the yearly low was recorded on October 3, dropping to 2.3902.

This high-to-low spread represents a total annual volatility of 0.2436 KGS. From a start-to-finish perspective, comparing the January average rate of 2.5782 to the December average rate of 2.5539, the exchange rate registered a net change of -0.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6338 was down 14.27% compared to the 2022 peak of 3.0721, 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 658,457 KGS

2022 Average 603,471 KGS

Yearly Trough Low 597,549 KGS

Transaction Impact: A difference of 60,908.49 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5918

2.4288

JanuMarcMayJulySeptNove

THB to KGS 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 2.5500, compared to 2.5056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0444 points.

H1 Avg (Jan–Jun) 2.5500

H2 Avg (Jul–Dec) 2.5056

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1647 KGS (High: 2.6338 / Low: 2.4691). On the other end, April was the most stable month, with a tight range of 0.0446 KGS (High: 2.5819 / Low: 2.5373).

January Spread (Volatile) ±0.1647

April Spread (Stable) ±0.0446

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 May and June, when the average rate fell by 0.0510 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.5782) against the same month in 2022 (average: 2.5520), the exchange rate shifted by +0.0262 (+1.03%).

2023 Avg (January) 2.5782

2022 Avg (January) 2.5520

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6338	2.4691	2.5782
February	2.6315	2.4807	2.5531
March	2.5923	2.4903	2.5405
April	2.5819	2.5373	2.5597
May	2.6094	2.5193	2.5597
June	2.5355	2.4474	2.5087
July	2.5823	2.4710	2.5337
August	2.5600	2.4866	2.5136
September	2.5193	2.4188	2.4730
October	2.4864	2.3902	2.4424
November	2.5645	2.4755	2.5168
December	2.6050	2.5019	2.5539