2023 THB to QAR Historical Review

YEARLY HIGH

0.1115 QAR

YEARLY LOW

0.0981 QAR

YEARLY AVERAGE

0.1049 QAR

2023 THB to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.1115. Conversely, the yearly low was recorded on October 3, dropping to 0.0981.

This high-to-low spread represents a total annual volatility of 0.0134 QAR. From a start-to-finish perspective, comparing the January average rate of 0.1098 to the December average rate of 0.1044, the exchange rate registered a net change of -4.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1115 was down 1.60% compared to the 2022 peak of 0.1134, 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 27,887 QAR

2022 Average 26,057 QAR

Yearly Trough Low 24,526 QAR

Transaction Impact: A difference of 3,360.86 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1108

0.0989

JanuMarcMayJulySeptNove

THB to QAR 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 0.1068, compared to 0.1030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.1068

H2 Avg (Jul–Dec) 0.1030

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0078 QAR (High: 0.1114 / Low: 0.1036). On the other end, April was the most stable month, with a tight range of 0.0030 QAR (High: 0.1083 / Low: 0.1053).

February Spread (Volatile) ±0.0078

April Spread (Stable) ±0.0030

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 0.0027 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1098) against the same month in 2022 (average: 0.1096), the exchange rate shifted by +0.0002 (+0.17%).

2023 Avg (January) 0.1098

2022 Avg (January) 0.1096

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1115	0.1053	0.1098
February	0.1114	0.1036	0.1071
March	0.1078	0.1037	0.1060
April	0.1083	0.1053	0.1067
May	0.1086	0.1048	0.1066
June	0.1055	0.1022	0.1045
July	0.1070	0.1032	0.1052
August	0.1062	0.1026	0.1040
September	0.1041	0.0993	0.1017
October	0.1015	0.0981	0.0999
November	0.1050	0.1009	0.1027
December	0.1066	0.1020	0.1044