YEARLY HIGH
0.3256 TJS
YEARLY LOW
0.2842 TJS
YEARLY AVERAGE
0.3109 TJS

2023 THB to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.3256. Conversely, the yearly low was recorded on February 28, dropping to 0.2842.

This high-to-low spread represents a total annual volatility of 0.0414 TJS. From a start-to-finish perspective, comparing the January average rate of 0.3082 to the December average rate of 0.3134, the exchange rate registered a net change of 1.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3256 was down 16.99% compared to the 2022 peak of 0.3922, 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 81,394 TJS
2022 Average 78,690 TJS
Yearly Trough Low 71,038 TJS
Transaction Impact: A difference of 10,356.76 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3214
0.2987
JanuMarcMayJulySeptNove

THB to TJS 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 0.3120, compared to 0.3097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.3120
H2 Avg (Jul–Dec) 0.3097

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0361 TJS (High: 0.3213 / Low: 0.2853). On the other end, April was the most stable month, with a tight range of 0.0069 TJS (High: 0.3223 / Low: 0.3154).

March Spread (Volatile) ±0.0361
April Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0065 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.3195) against the same month in 2022 (average: 0.3628), the exchange rate shifted by -0.0433 (-11.94%).

2023 Avg (May) 0.3195
2022 Avg (May) 0.3628

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3139 0.2937 0.3082
February 0.3150 0.2842 0.3051
March 0.3213 0.2853 0.3069
April 0.3223 0.3154 0.3192
May 0.3256 0.3142 0.3195
June 0.3162 0.3065 0.3133
July 0.3212 0.3077 0.3156
August 0.3196 0.3088 0.3132
September 0.3136 0.2998 0.3067
October 0.3042 0.2960 0.3006
November 0.3146 0.3029 0.3086
December 0.3201 0.3053 0.3134