2023 THB to MDL Historical Review

YEARLY HIGH

0.5810 MDL

YEARLY LOW

0.4898 MDL

YEARLY AVERAGE

0.5211 MDL

2023 THB to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.5810. Conversely, the yearly low was recorded on October 3, dropping to 0.4898.

This high-to-low spread represents a total annual volatility of 0.0912 MDL. From a start-to-finish perspective, comparing the January average rate of 0.5720 to the December average rate of 0.5044, the exchange rate registered a net change of -11.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5810 was up 2.81% compared to the 2022 peak of 0.5651, 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 145,257 MDL

2022 Average 134,791 MDL

Yearly Trough Low 122,462 MDL

Transaction Impact: A difference of 22,794.69 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5795

0.4895

JanuMarcMayJulySeptNove

THB to MDL 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 0.5375, compared to 0.5048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0327 points.

H1 Avg (Jan–Jun) 0.5375

H2 Avg (Jul–Dec) 0.5048

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0379 MDL (High: 0.5737 / Low: 0.5358). On the other end, June was the most stable month, with a tight range of 0.0119 MDL (High: 0.5195 / Low: 0.5077).

February Spread (Volatile) ±0.0379

June Spread (Stable) ±0.0119

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 January and February, when the average rate fell by 0.0209 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0209

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5720) against the same month in 2022 (average: 0.5393), the exchange rate shifted by +0.0327 (+6.05%).

2023 Avg (January) 0.5720

2022 Avg (January) 0.5393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5810	0.5534	0.5720
February	0.5737	0.5358	0.5511
March	0.5491	0.5333	0.5407
April	0.5371	0.5185	0.5278
May	0.5302	0.5109	0.5199
June	0.5195	0.5077	0.5134
July	0.5299	0.5025	0.5169
August	0.5176	0.4942	0.5045
September	0.5075	0.4943	0.5020
October	0.5041	0.4898	0.4970
November	0.5119	0.4948	0.5038
December	0.5120	0.4949	0.5044