2023 THB to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 THB to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the THB to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 14.1768. Conversely, the yearly low was recorded on March 5, dropping to 12.4916.
This high-to-low spread represents a total annual volatility of 1.6851 KZT. From a start-to-finish perspective, comparing the January average rate of 13.9332 to the December average rate of 13.1564, the exchange rate registered a net change of -5.57% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 14.1768 was down 10.02% compared to the 2022 peak of 15.7556, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
THB to KZT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13.2404, compared to 13.0270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2134 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 1.4384 KZT (High: 14.0665 / Low: 12.6281). On the other end, September was the most stable month, with a tight range of 0.2911 KZT (High: 13.2663 / Low: 12.9752).
Growth Streaks & Declines
TrendsBetween July and September, 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 0.6749 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 13.9332) against the same month in 2022 (average: 13.1031), the exchange rate shifted by +0.8301 (+6.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.1768 | 13.3772 | 13.9332 |
| February | 14.0665 | 12.6281 | 13.2583 |
| March | 13.6493 | 12.4916 | 13.1152 |
| April | 13.4289 | 12.9581 | 13.2137 |
| May | 13.3560 | 12.7738 | 13.0545 |
| June | 13.0911 | 12.6574 | 12.8677 |
| July | 13.0541 | 12.5862 | 12.8562 |
| August | 13.2542 | 12.6733 | 12.9318 |
| September | 13.2663 | 12.9752 | 13.0861 |
| October | 13.1854 | 12.8548 | 13.0581 |
| November | 13.2682 | 12.9083 | 13.0734 |
| December | 13.3626 | 12.8037 | 13.1564 |