2023 THB to STD Historical Review

YEARLY HIGH

699.2085 STD

YEARLY LOW

600.3589 STD

YEARLY AVERAGE

650.4136 STD

2023 THB to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 699.2085. Conversely, the yearly low was recorded on October 3, dropping to 600.3589.

This high-to-low spread represents a total annual volatility of 98.8495 STD. From a start-to-finish perspective, comparing the January average rate of 687.5171 to the December average rate of 638.4503, the exchange rate registered a net change of -7.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 699.2085 was up 3.48% compared to the 2022 peak of 675.7008, 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 174,802,121 STD

2022 Average 158,383,629 STD

Yearly Trough Low 150,089,737 STD

Transaction Impact: A difference of 24,712,383.93 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

695.1956

603.0535

JanuMarcMayJulySeptNove

THB to STD 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 668.5610, compared to 632.2663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 36.2947 points.

H1 Avg (Jan–Jun) 668.5610

H2 Avg (Jul–Dec) 632.2663

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 49.4873 STD (High: 697.1601 / Low: 647.6728). On the other end, April was the most stable month, with a tight range of 12.3884 STD (High: 674.0972 / Low: 661.7088).

February Spread (Volatile) ±49.4873

April Spread (Stable) ±12.3884

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 July and August, when the average rate fell by 21.3265 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -21.3265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 687.5171) against the same month in 2022 (average: 636.5419), the exchange rate shifted by +50.9752 (+8.01%).

2023 Avg (January) 687.5171

2022 Avg (January) 636.5419

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	699.2085	659.6455	687.5171
February	697.1601	647.6728	670.1197
March	676.8093	650.1913	663.2807
April	674.0972	661.7088	667.8519
May	680.5004	656.6165	667.9061
June	660.7639	640.4038	654.6904
July	670.7444	646.7552	657.2179
August	649.8046	627.6867	635.8914
September	636.0212	607.5391	622.3397
October	620.2656	600.3589	610.7320
November	642.6361	617.5323	628.9661
December	651.5558	624.1240	638.4503