2023 THB to XAF Historical Review

YEARLY HIGH

18.4742 XAF

YEARLY LOW

16.7589 XAF

YEARLY AVERAGE

17.4455 XAF

2023 THB to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 18.4742. Conversely, the yearly low was recorded on October 6, dropping to 16.7589.

This high-to-low spread represents a total annual volatility of 1.7153 XAF. From a start-to-finish perspective, comparing the January average rate of 18.3149 to the December average rate of 17.2063, the exchange rate registered a net change of -6.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.4742 was up 0.59% compared to the 2022 peak of 18.3653, 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 4,618,558 XAF

2022 Average 4,451,976 XAF

Yearly Trough Low 4,189,728 XAF

Transaction Impact: A difference of 428,829.90 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.4447

16.8869

JanuMarcMayJulySeptNove

THB to XAF 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 17.7603, compared to 17.1307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6296 points.

H1 Avg (Jan–Jun) 17.7603

H2 Avg (Jul–Dec) 17.1307

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.7846 XAF (High: 17.6670 / Low: 16.8824). On the other end, December was the most stable month, with a tight range of 0.3345 XAF (High: 17.3500 / Low: 17.0155).

June Spread (Volatile) ±0.7846

December Spread (Stable) ±0.3345

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 March and April, when the average rate fell by 0.3233 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 18.3149) against the same month in 2022 (average: 17.4389), the exchange rate shifted by +0.8760 (+5.02%).

2023 Avg (January) 18.3149

2022 Avg (January) 17.4389

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.4742	17.7087	18.3149
February	18.2733	17.5991	17.9937
March	18.0515	17.6253	17.7905
April	17.7209	17.2644	17.4672
May	17.8686	17.4454	17.6429
June	17.6670	16.8824	17.3527
July	17.4110	16.8696	17.1342
August	17.3860	16.9865	17.1587
September	17.3570	16.9667	17.1563
October	17.2039	16.7589	17.0167
November	17.2694	16.9004	17.1118
December	17.3500	17.0155	17.2063