2023 THB to NZD Historical Review

YEARLY HIGH

0.0483 NZD

YEARLY LOW

0.0449 NZD

YEARLY AVERAGE

0.0469 NZD

2023 THB to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.0483. Conversely, the yearly low was recorded on October 9, dropping to 0.0449.

This high-to-low spread represents a total annual volatility of 0.0034 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0470 to the December average rate of 0.0460, the exchange rate registered a net change of -2.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0483 was up 1.67% compared to the 2022 peak of 0.0475, 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 12,067 NZD

2022 Average 11,254 NZD

Yearly Trough Low 11,228 NZD

Transaction Impact: A difference of 839.33 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0478

0.0458

JanuMarcMayJulySeptNove

THB to NZD 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 0.0469, compared to 0.0468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0469

H2 Avg (Jul–Dec) 0.0468

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0028 NZD (High: 0.0477 / Low: 0.0449). On the other end, December was the most stable month, with a tight range of 0.0006 NZD (High: 0.0462 / Low: 0.0456).

October Spread (Volatile) ±0.0028

December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0477) against the same month in 2022 (average: 0.0446), the exchange rate shifted by +0.0030 (+6.78%).

2023 Avg (August) 0.0477

2022 Avg (August) 0.0446

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0478	0.0455	0.0470
February	0.0475	0.0459	0.0467
March	0.0473	0.0461	0.0468
April	0.0479	0.0464	0.0471
May	0.0479	0.0462	0.0471
June	0.0477	0.0460	0.0468
July	0.0475	0.0453	0.0464
August	0.0483	0.0470	0.0477
September	0.0479	0.0456	0.0471
October	0.0477	0.0449	0.0465
November	0.0479	0.0460	0.0471
December	0.0462	0.0456	0.0460