2023 THB to SBD Historical Review

YEARLY HIGH

0.2532 SBD

YEARLY LOW

0.2267 SBD

YEARLY AVERAGE

0.2402 SBD

2023 THB to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.2532. Conversely, the yearly low was recorded on October 2, dropping to 0.2267.

This high-to-low spread represents a total annual volatility of 0.0265 SBD. From a start-to-finish perspective, comparing the January average rate of 0.2489 to the December average rate of 0.2423, the exchange rate registered a net change of -2.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2532 was up 0.68% compared to the 2022 peak of 0.2515, 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 63,299 SBD

2022 Average 58,180 SBD

Yearly Trough Low 56,678 SBD

Transaction Impact: A difference of 6,621.78 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2507

0.2294

JanuMarcMayJulySeptNove

THB to SBD 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 0.2425, compared to 0.2378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.2425

H2 Avg (Jul–Dec) 0.2378

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0182 SBD (High: 0.2518 / Low: 0.2336). On the other end, April was the most stable month, with a tight range of 0.0057 SBD (High: 0.2454 / Low: 0.2396).

February Spread (Volatile) ±0.0182

April Spread (Stable) ±0.0057

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 0.0072 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2489) against the same month in 2022 (average: 0.2430), the exchange rate shifted by +0.0059 (+2.43%).

2023 Avg (January) 0.2489

2022 Avg (January) 0.2430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2532	0.2393	0.2489
February	0.2518	0.2336	0.2417
March	0.2432	0.2351	0.2392
April	0.2454	0.2396	0.2426
May	0.2476	0.2397	0.2437
June	0.2417	0.2337	0.2391
July	0.2457	0.2361	0.2416
August	0.2441	0.2359	0.2388
September	0.2389	0.2282	0.2346
October	0.2348	0.2267	0.2311
November	0.2444	0.2320	0.2382
December	0.2464	0.2368	0.2423