2023 THB to SAR Historical Review

YEARLY HIGH

0.1150 SAR

YEARLY LOW

0.1011 SAR

YEARLY AVERAGE

0.1080 SAR

2023 THB to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.1150. Conversely, the yearly low was recorded on October 3, dropping to 0.1011.

This high-to-low spread represents a total annual volatility of 0.0139 SAR. From a start-to-finish perspective, comparing the January average rate of 0.1131 to the December average rate of 0.1075, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1150 was down 1.59% compared to the 2022 peak of 0.1169, 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 28,750 SAR

2022 Average 26,851 SAR

Yearly Trough Low 25,264 SAR

Transaction Impact: A difference of 3,485.72 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1142

0.1018

JanuMarcMayJulySeptNove

THB to SAR 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 0.1099, compared to 0.1060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.1099

H2 Avg (Jul–Dec) 0.1060

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0082 SAR (High: 0.1146 / Low: 0.1065). On the other end, April was the most stable month, with a tight range of 0.0021 SAR (High: 0.1108 / Low: 0.1087).

February Spread (Volatile) ±0.0082

April Spread (Stable) ±0.0021

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 0.0030 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1131) against the same month in 2022 (average: 0.1129), the exchange rate shifted by +0.0002 (+0.18%).

2023 Avg (January) 0.1131

2022 Avg (January) 0.1129

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1150	0.1087	0.1131
February	0.1146	0.1065	0.1101
March	0.1113	0.1069	0.1091
April	0.1108	0.1087	0.1098
May	0.1118	0.1079	0.1097
June	0.1086	0.1052	0.1076
July	0.1102	0.1063	0.1083
August	0.1094	0.1056	0.1071
September	0.1071	0.1023	0.1048
October	0.1044	0.1011	0.1028
November	0.1082	0.1040	0.1059
December	0.1097	0.1051	0.1075