2023 THB to KWD Historical Review

YEARLY HIGH

0.0094 KWD

YEARLY LOW

0.0083 KWD

YEARLY AVERAGE

0.0088 KWD

2023 THB to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.0094. Conversely, the yearly low was recorded on October 3, dropping to 0.0083.

This high-to-low spread represents a total annual volatility of 0.0010 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0092 to the December average rate of 0.0088, the exchange rate registered a net change of -4.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0094 was down 0.57% compared to the 2022 peak of 0.0094, 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 2,340 KWD

2022 Average 2,190 KWD

Yearly Trough Low 2,083 KWD

Transaction Impact: A difference of 257.45 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0093

0.0084

JanuMarcMayJulySeptNove

THB to KWD 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 0.0090, compared to 0.0087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0090

H2 Avg (Jul–Dec) 0.0087

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0006 KWD (High: 0.0093 / Low: 0.0087). On the other end, April was the most stable month, with a tight range of 0.0002 KWD (High: 0.0091 / Low: 0.0089).

February Spread (Volatile) ±0.0006

April Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0092) against the same month in 2022 (average: 0.0091), the exchange rate shifted by +0.0001 (+1.10%).

2023 Avg (January) 0.0092

2022 Avg (January) 0.0091

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0094	0.0088	0.0092
February	0.0093	0.0087	0.0090
March	0.0091	0.0088	0.0089
April	0.0091	0.0089	0.0090
May	0.0091	0.0089	0.0090
June	0.0089	0.0086	0.0088
July	0.0090	0.0087	0.0089
August	0.0090	0.0087	0.0088
September	0.0088	0.0084	0.0086
October	0.0086	0.0083	0.0085
November	0.0089	0.0085	0.0087
December	0.0090	0.0086	0.0088