2023 THB to SDG Historical Review

YEARLY HIGH

17.8444 SDG

YEARLY LOW

15.5158 SDG

YEARLY AVERAGE

17.1594 SDG

2023 THB to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 17.8444. Conversely, the yearly low was recorded on November 20, dropping to 15.5158.

This high-to-low spread represents a total annual volatility of 2.3286 SDG. From a start-to-finish perspective, comparing the January average rate of 17.3776 to the December average rate of 17.2207, the exchange rate registered a net change of -0.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.8444 was up 7.69% compared to the 2022 peak of 16.5705, 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 4,461,090 SDG

2022 Average 3,554,602 SDG

Yearly Trough Low 3,878,943 SDG

Transaction Impact: A difference of 582,147.16 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.6696

16.3619

JanuMarcMayJulySeptNove

THB to SDG 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 17.3345, compared to 16.9842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3503 points.

H1 Avg (Jan–Jun) 17.3345

H2 Avg (Jul–Dec) 16.9842

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.8034 SDG (High: 17.3192 / Low: 15.5158). On the other end, October was the most stable month, with a tight range of 0.5230 SDG (High: 16.7163 / Low: 16.1933).

November Spread (Volatile) ±1.8034

October Spread (Stable) ±0.5230

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 August and September, when the average rate fell by 0.3678 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3678

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 17.5607) against the same month in 2022 (average: 13.1479), the exchange rate shifted by +4.4127 (+33.56%).

2023 Avg (May) 17.5607

2022 Avg (May) 13.1479

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.7835	16.5172	17.3776
February	17.8230	16.7281	17.1922
March	17.5993	16.6158	17.1366
April	17.7208	16.6812	17.4948
May	17.8444	17.2756	17.5607
June	17.4012	16.8771	17.2454
July	17.6473	17.0445	17.3618
August	17.5416	16.9304	17.1614
September	17.1695	16.3870	16.7936
October	16.7163	16.1933	16.4708
November	17.3192	15.5158	16.8969
December	17.5742	16.8343	17.2207