2023 THB to MMK Historical Review

YEARLY HIGH

64.3255 MMK

YEARLY LOW

56.5849 MMK

YEARLY AVERAGE

60.4180 MMK

2023 THB to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 64.3255. Conversely, the yearly low was recorded on October 6, dropping to 56.5849.

This high-to-low spread represents a total annual volatility of 7.7406 MMK. From a start-to-finish perspective, comparing the January average rate of 63.2581 to the December average rate of 60.2349, the exchange rate registered a net change of -4.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 64.3255 was up 5.69% compared to the 2022 peak of 60.8653, 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 16,081,380 MMK

2022 Average 13,759,455 MMK

Yearly Trough Low 14,146,221 MMK

Transaction Impact: A difference of 1,935,159.48 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

63.8320

56.9451

JanuMarcMayJulySeptNove

THB to MMK 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 61.4828, compared to 59.3531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1297 points.

H1 Avg (Jan–Jun) 61.4828

H2 Avg (Jul–Dec) 59.3531

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 4.5555 MMK (High: 64.1396 / Low: 59.5841). On the other end, April was the most stable month, with a tight range of 1.3991 MMK (High: 62.0324 / Low: 60.6332).

February Spread (Volatile) ±4.5555

April Spread (Stable) ±1.3991

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 1.5935 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.5935

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 63.2581) against the same month in 2022 (average: 53.5028), the exchange rate shifted by +9.7554 (+18.23%).

2023 Avg (January) 63.2581

2022 Avg (January) 53.5028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	64.3255	60.6977	63.2581
February	64.1396	59.5841	61.6646
March	61.8197	59.8102	60.9374
April	62.0324	60.6332	61.3853
May	62.6105	60.4315	61.4245
June	60.7729	58.9102	60.2268
July	61.7293	59.1246	60.5859
August	61.2673	59.1695	59.9298
September	59.9477	57.3198	58.6413
October	58.4169	56.5849	57.5190
November	60.5242	57.9923	59.2077
December	61.5382	58.8261	60.2349