2023 THB to LAK Historical Review

YEARLY HIGH

600.5726 LAK

YEARLY LOW

479.4651 LAK

YEARLY AVERAGE

536.9696 LAK

2023 THB to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 600.5726. Conversely, the yearly low was recorded on February 28, dropping to 479.4651.

This high-to-low spread represents a total annual volatility of 121.1075 LAK. From a start-to-finish perspective, comparing the January average rate of 511.6843 to the December average rate of 591.8062, the exchange rate registered a net change of 15.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 600.5726 was up 16.57% compared to the 2022 peak of 515.2119, 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 150,143,154 LAK

2022 Average 101,512,877 LAK

Yearly Trough Low 119,866,281 LAK

Transaction Impact: A difference of 30,276,873.27 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

601.9457

480.2723

JanuMarcMayJulySeptNove

THB to LAK 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 506.6619, compared to 567.2774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 60.6156 points.

H1 Avg (Jan–Jun) 506.6619

H2 Avg (Jul–Dec) 567.2774

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 34.9004 LAK (High: 514.3656 / Low: 479.4651). On the other end, September was the most stable month, with a tight range of 11.4736 LAK (High: 562.2500 / Low: 550.7764).

February Spread (Volatile) ±34.9004

September Spread (Stable) ±11.4736

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 16.2339 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -16.2339

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 591.8062) against the same month in 2022 (average: 498.5787), the exchange rate shifted by +93.2276 (+18.70%).

2023 Avg (December) 591.8062

2022 Avg (December) 498.5787

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	519.5507	500.1670	511.6843
February	514.3656	479.4651	495.4504
March	498.9121	480.4360	490.4117
April	510.4504	494.2146	501.6690
May	521.0195	505.0601	513.5943
June	538.9505	512.5154	527.1614
July	563.8089	532.4347	551.9030
August	562.7419	543.4041	554.8509
September	562.2500	550.7764	556.4572
October	576.8692	550.1904	564.6037
November	596.3439	573.4888	584.0435
December	600.5726	580.8382	591.8062