YEARLY HIGH
227.4893 PYG
YEARLY LOW
196.4179 PYG
YEARLY AVERAGE
209.7476 PYG

2023 THB to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 227.4893. Conversely, the yearly low was recorded on October 3, dropping to 196.4179.

This high-to-low spread represents a total annual volatility of 31.0715 PYG. From a start-to-finish perspective, comparing the January average rate of 222.2066 to the December average rate of 210.8395, the exchange rate registered a net change of -5.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 227.4893 was up 5.30% compared to the 2022 peak of 216.0474, 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 56,872,336 PYG
2022 Average 49,904,187 PYG
Yearly Trough Low 49,104,464 PYG
Transaction Impact: A difference of 7,767,872.89 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

224.2220
200.0379
JanuMarcMayJulySeptNove

THB to PYG 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 212.2734, compared to 207.2217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.0517 points.

H1 Avg (Jan–Jun) 212.2734
H2 Avg (Jul–Dec) 207.2217

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 17.6053 PYG (High: 224.3583 / Low: 206.7529). On the other end, June was the most stable month, with a tight range of 5.9510 PYG (High: 210.2205 / Low: 204.2694).

February Spread (Volatile) ±17.6053
June Spread (Stable) ±5.9510

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 7.8261 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.8261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 222.2066) against the same month in 2022 (average: 209.6241), the exchange rate shifted by +12.5825 (+6.00%).

2023 Avg (January) 222.2066
2022 Avg (January) 209.6241

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 227.4893 212.8403 222.2066
February 224.3583 206.7529 214.3805
March 212.2783 204.4524 208.8867
April 213.2895 206.8955 209.4728
May 213.7209 207.7231 210.7304
June 210.2205 204.2694 207.9634
July 213.5120 204.5709 209.7798
August 212.2279 204.4336 207.5394
September 207.7572 198.9443 203.1960
October 207.2607 196.4179 202.0532
November 214.4827 205.5685 209.9226
December 213.5957 206.0970 210.8395