2023 THB to SZL Historical Review

YEARLY HIGH

0.5717 SZL

YEARLY LOW

0.4903 SZL

YEARLY AVERAGE

0.5305 SZL

2023 THB to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.5717. Conversely, the yearly low was recorded on January 1, dropping to 0.4903.

This high-to-low spread represents a total annual volatility of 0.0814 SZL. From a start-to-finish perspective, comparing the January average rate of 0.5152 to the December average rate of 0.5339, the exchange rate registered a net change of 3.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5717 was up 12.66% compared to the 2022 peak of 0.5074, 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 142,916 SZL

2022 Average 116,722 SZL

Yearly Trough Low 122,573 SZL

Transaction Impact: A difference of 20,342.54 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5613

0.5111

JanuMarcMayJulySeptNove

THB to SZL 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 0.5326, compared to 0.5284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.5326

H2 Avg (Jul–Dec) 0.5284

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0504 SZL (High: 0.5717 / Low: 0.5213). On the other end, February was the most stable month, with a tight range of 0.0175 SZL (High: 0.5326 / Low: 0.5151).

June Spread (Volatile) ±0.0504

February Spread (Stable) ±0.0175

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 May and June, when the average rate fell by 0.0202 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.5369) against the same month in 2022 (average: 0.4519), the exchange rate shifted by +0.0850 (+18.81%).

2023 Avg (June) 0.5369

2022 Avg (June) 0.4519

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5304	0.4903	0.5152
February	0.5326	0.5151	0.5254
March	0.5423	0.5219	0.5304
April	0.5396	0.5178	0.5305
May	0.5699	0.5371	0.5571
June	0.5717	0.5213	0.5369
July	0.5419	0.5095	0.5262
August	0.5504	0.5253	0.5359
September	0.5406	0.5174	0.5294
October	0.5344	0.5149	0.5226
November	0.5373	0.5104	0.5225
December	0.5470	0.5225	0.5339