2023 THB to LBP Historical Review

YEARLY HIGH

456.1882 LBP

YEARLY LOW

43.8242 LBP

YEARLY AVERAGE

393.5700 LBP

2023 THB to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 456.1882. Conversely, the yearly low was recorded on January 1, dropping to 43.8242.

This high-to-low spread represents a total annual volatility of 412.3640 LBP. From a start-to-finish perspective, comparing the January average rate of 45.6616 to the December average rate of 431.2447, the exchange rate registered a net change of 844.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 456.1882 was up 868.96% compared to the 2022 peak of 47.0801, 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 114,047,049 LBP

2022 Average 10,838,382 LBP

Yearly Trough Low 10,956,047 LBP

Transaction Impact: A difference of 103,091,001.72 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

481.3276

6.0556

JanuMarcMayJulySeptNove

THB to LBP 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 361.8253, compared to 425.3146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 63.4892 points.

H1 Avg (Jan–Jun) 361.8253

H2 Avg (Jul–Dec) 425.3146

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 410.8563 LBP (High: 456.1882 / Low: 45.3319). On the other end, January was the most stable month, with a tight range of 2.5924 LBP (High: 46.4166 / Low: 43.8242).

February Spread (Volatile) ±410.8563

January Spread (Stable) ±2.5924

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 9.3213 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -9.3213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 370.2511) against the same month in 2022 (average: 46.4295), the exchange rate shifted by +323.8216 (+697.45%).

2023 Avg (February) 370.2511

2022 Avg (February) 46.4295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.4166	43.8242	45.6616
February	456.1882	45.3319	370.2511
March	443.6619	428.9544	438.0762
April	450.6240	435.4869	441.7216
May	454.6809	432.2291	441.4637
June	441.4938	423.4308	433.7777
July	443.5583	422.5989	435.1688
August	441.4955	424.2104	429.7703
September	429.0486	409.9467	420.4489
October	418.2325	404.9956	411.6961
November	433.1231	415.3647	423.5585
December	439.8170	421.0126	431.2447