2023 THB to VND Historical Review

YEARLY HIGH

718.3681 VND

YEARLY LOW

657.2489 VND

YEARLY AVERAGE

685.8151 VND

2023 THB to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 718.3681. Conversely, the yearly low was recorded on October 3, dropping to 657.2489.

This high-to-low spread represents a total annual volatility of 61.1192 VND. From a start-to-finish perspective, comparing the January average rate of 706.9364 to the December average rate of 695.8222, the exchange rate registered a net change of -1.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 718.3681 was up 1.18% compared to the 2022 peak of 709.9604, 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 179,592,028 VND

2022 Average 167,241,234 VND

Yearly Trough Low 164,312,231 VND

Transaction Impact: A difference of 15,279,797.15 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

710.5223

667.4913

JanuMarcMayJulySeptNove

THB to VND 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 689.1595, compared to 682.4708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.6888 points.

H1 Avg (Jan–Jun) 689.1595

H2 Avg (Jul–Dec) 682.4708

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 41.8879 VND (High: 716.2636 / Low: 674.3757). On the other end, April was the most stable month, with a tight range of 11.4489 VND (High: 692.4875 / Low: 681.0386).

February Spread (Volatile) ±41.8879

April Spread (Stable) ±11.4489

Growth Streaks & Declines

Trends

Between October and December, 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 12.6999 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -12.6999

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 706.9364) against the same month in 2022 (average: 683.3556), the exchange rate shifted by +23.5808 (+3.45%).

2023 Avg (January) 706.9364

2022 Avg (January) 683.3556

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	718.3681	683.0876	706.9364
February	716.2636	674.3757	694.2365
March	699.6724	673.6950	685.9135
April	692.4875	681.0386	686.7468
May	699.1474	675.5595	686.6779
June	680.6981	661.2307	674.4460
July	694.7446	668.3171	683.4065
August	690.9033	673.2596	681.1868
September	687.4925	665.1268	676.5395
October	683.8797	657.2489	671.0772
November	699.0984	674.1585	686.7924
December	710.5478	679.4540	695.8222