2023 THB to UZS Historical Review

YEARLY HIGH

360.8312 UZS

YEARLY LOW

321.6112 UZS

YEARLY AVERAGE

337.5905 UZS

2023 THB to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 360.8312. Conversely, the yearly low was recorded on February 28, dropping to 321.6112.

This high-to-low spread represents a total annual volatility of 39.2201 UZS. From a start-to-finish perspective, comparing the January average rate of 340.5020 to the December average rate of 353.9873, the exchange rate registered a net change of 3.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 360.8312 was up 4.92% compared to the 2022 peak of 343.9223, 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 90,207,806 UZS

2022 Average 79,027,309 UZS

Yearly Trough Low 80,402,788 UZS

Transaction Impact: A difference of 9,805,017.30 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

356.4924

326.4314

JanuMarcMayJulySeptNove

THB to UZS 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 333.6120, compared to 341.5690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.9570 points.

H1 Avg (Jan–Jun) 333.6120

H2 Avg (Jul–Dec) 341.5690

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 22.9169 UZS (High: 344.5280 / Low: 321.6112). On the other end, April was the most stable month, with a tight range of 7.9708 UZS (High: 337.8630 / Low: 329.8922).

February Spread (Volatile) ±22.9169

April Spread (Stable) ±7.9708

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 7.6171 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -7.6171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 353.9873) against the same month in 2022 (average: 323.8102), the exchange rate shifted by +30.1772 (+9.32%).

2023 Avg (December) 353.9873

2022 Avg (December) 323.8102

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	346.4128	325.1535	340.5020
February	344.5280	321.6112	332.8849
March	336.7374	323.9983	330.7642
April	337.8630	329.8922	333.7492
May	341.3088	328.4078	334.8354
June	331.9679	323.4033	328.9365
July	341.2452	324.4213	334.3336
August	346.0356	332.0987	340.0635
September	345.4541	332.7426	339.7922
October	339.9001	329.1966	334.8118
November	355.1460	339.2577	346.4256
December	360.8312	345.4496	353.9873