2023 THB to SLL Historical Review

YEARLY HIGH

613.5306 SLL

YEARLY LOW

495.6510 SLL

YEARLY AVERAGE

548.2524 SLL

2023 THB to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 613.5306. Conversely, the yearly low was recorded on June 29, dropping to 495.6510.

This high-to-low spread represents a total annual volatility of 117.8797 SLL. From a start-to-finish perspective, comparing the January average rate of 532.1151 to the December average rate of 600.8484, the exchange rate registered a net change of 12.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 613.5306 was up 19.89% compared to the 2022 peak of 511.7589, 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 153,382,656 SLL

2022 Average 97,723,956 SLL

Yearly Trough Low 123,912,738 SLL

Transaction Impact: A difference of 29,469,917.59 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

610.2624

497.2943

JanuMarcMayJulySeptNove

THB to SLL 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 517.4437, compared to 579.0612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 61.6175 points.

H1 Avg (Jan–Jun) 517.4437

H2 Avg (Jul–Dec) 579.0612

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 112.9639 SLL (High: 613.5306 / Low: 500.5667). On the other end, April was the most stable month, with a tight range of 9.5882 SLL (High: 521.7285 / Low: 512.1403).

July Spread (Volatile) ±112.9639

April Spread (Stable) ±9.5882

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 13.4650 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -13.4650

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 522.7063) against the same month in 2022 (average: 372.5249), the exchange rate shifted by +150.1814 (+40.31%).

2023 Avg (July) 522.7063

2022 Avg (July) 372.5249

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	541.1638	510.5434	532.1151
February	539.5785	501.2770	518.6501
March	523.8276	503.2262	513.3569
April	521.7285	512.1403	516.8949
May	526.6844	508.1991	516.9368
June	511.4090	495.6510	506.7083
July	613.5306	500.5667	522.7063
August	611.5340	590.7187	598.4402
September	598.5623	571.7577	585.6866
October	583.7347	565.0004	574.7626
November	604.7877	581.1624	591.9228
December	613.1821	587.3659	600.8484