2023 THB to SRD Historical Review

YEARLY HIGH

1.1302 SRD

YEARLY LOW

0.9169 SRD

YEARLY AVERAGE

1.0521 SRD

2023 THB to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 1.1302. Conversely, the yearly low was recorded on January 2, dropping to 0.9169.

This high-to-low spread represents a total annual volatility of 0.2133 SRD. From a start-to-finish perspective, comparing the January average rate of 0.9584 to the December average rate of 1.0705, the exchange rate registered a net change of 11.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1302 was up 22.41% compared to the 2022 peak of 0.9233, 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 282,555 SRD

2022 Average 172,478 SRD

Yearly Trough Low 229,220 SRD

Transaction Impact: A difference of 53,335.34 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1114

0.9445

JanuMarcMayJulySeptNove

THB to SRD 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 1.0295, compared to 1.0746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0451 points.

H1 Avg (Jan–Jun) 1.0295

H2 Avg (Jul–Dec) 1.0746

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1032 SRD (High: 1.0591 / Low: 0.9559). On the other end, October was the most stable month, with a tight range of 0.0329 SRD (High: 1.0617 / Low: 1.0288).

March Spread (Volatile) ±0.1032

October Spread (Stable) ±0.0329

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0241 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.0975) against the same month in 2022 (average: 0.6304), the exchange rate shifted by +0.4671 (+74.10%).

2023 Avg (July) 1.0975

2022 Avg (July) 0.6304

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9919	0.9169	0.9584
February	0.9915	0.9482	0.9630
March	1.0591	0.9559	1.0054
April	1.0980	1.0449	1.0761
May	1.1253	1.0731	1.0928
June	1.0953	1.0567	1.0814
July	1.1302	1.0604	1.0975
August	1.1246	1.0762	1.0923
September	1.0942	1.0420	1.0697
October	1.0617	1.0288	1.0456
November	1.0952	1.0520	1.0722
December	1.0850	1.0499	1.0705