2023 THB to WST Historical Review

YEARLY HIGH

0.0826 WST

YEARLY LOW

0.0732 WST

YEARLY AVERAGE

0.0786 WST

2023 THB to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.0826. Conversely, the yearly low was recorded on October 3, dropping to 0.0732.

This high-to-low spread represents a total annual volatility of 0.0094 WST. From a start-to-finish perspective, comparing the January average rate of 0.0813 to the December average rate of 0.0802, the exchange rate registered a net change of -1.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0826 was up 1.20% compared to the 2022 peak of 0.0817, 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 20,660 WST

2022 Average 19,111 WST

Yearly Trough Low 18,312 WST

Transaction Impact: A difference of 2,347.97 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0818

0.0748

JanuMarcMayJulySeptNove

THB to WST 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 0.0794, compared to 0.0778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0794

H2 Avg (Jul–Dec) 0.0778

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0058 WST (High: 0.0824 / Low: 0.0765). On the other end, April was the most stable month, with a tight range of 0.0015 WST (High: 0.0805 / Low: 0.0790).

February Spread (Volatile) ±0.0058

April Spread (Stable) ±0.0015

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 0.0021 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0813) against the same month in 2022 (average: 0.0783), the exchange rate shifted by +0.0030 (+3.79%).

2023 Avg (January) 0.0813

2022 Avg (January) 0.0783

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0826	0.0780	0.0813
February	0.0824	0.0765	0.0792
March	0.0800	0.0768	0.0784
April	0.0805	0.0790	0.0798
May	0.0813	0.0784	0.0798
June	0.0789	0.0765	0.0782
July	0.0801	0.0772	0.0787
August	0.0793	0.0766	0.0776
September	0.0776	0.0741	0.0759
October	0.0779	0.0732	0.0754
November	0.0808	0.0776	0.0790
December	0.0819	0.0784	0.0802