2023 THB to MYR Historical Review

YEARLY HIGH

0.1350 MYR

YEARLY LOW

0.1263 MYR

YEARLY AVERAGE

0.1311 MYR

2023 THB to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1350. Conversely, the yearly low was recorded on February 6, dropping to 0.1263.

This high-to-low spread represents a total annual volatility of 0.0087 MYR. From a start-to-finish perspective, comparing the January average rate of 0.1304 to the December average rate of 0.1334, the exchange rate registered a net change of 2.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1350 was up 3.58% compared to the 2022 peak of 0.1304, 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 33,759 MYR

2022 Average 31,410 MYR

Yearly Trough Low 31,578 MYR

Transaction Impact: A difference of 2,180.66 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1340

0.1276

JanuMarcMayJulySeptNove

THB to MYR 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 0.1305, compared to 0.1318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.1305

H2 Avg (Jul–Dec) 0.1318

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0054 MYR (High: 0.1330 / Low: 0.1276). On the other end, May was the most stable month, with a tight range of 0.0022 MYR (High: 0.1332 / Low: 0.1311).

March Spread (Volatile) ±0.0054

May Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between April and June, 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 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1334) against the same month in 2022 (average: 0.1270), the exchange rate shifted by +0.0065 (+5.10%).

2023 Avg (December) 0.1334

2022 Avg (December) 0.1270

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1322	0.1273	0.1304
February	0.1297	0.1263	0.1281
March	0.1330	0.1276	0.1299
April	0.1313	0.1282	0.1295
May	0.1332	0.1311	0.1322
June	0.1337	0.1311	0.1328
July	0.1342	0.1307	0.1326
August	0.1331	0.1301	0.1316
September	0.1327	0.1284	0.1307
October	0.1326	0.1273	0.1301
November	0.1348	0.1301	0.1324
December	0.1350	0.1312	0.1334