2023 THB to XCD Historical Review

YEARLY HIGH

0.0828 XCD

YEARLY LOW

0.0728 XCD

YEARLY AVERAGE

0.0778 XCD

2023 THB to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.0828. Conversely, the yearly low was recorded on October 3, dropping to 0.0728.

This high-to-low spread represents a total annual volatility of 0.0100 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0814 to the December average rate of 0.0774, the exchange rate registered a net change of -4.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0828 was down 1.60% compared to the 2022 peak of 0.0841, 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 20,698 XCD

2022 Average 19,326 XCD

Yearly Trough Low 18,204 XCD

Transaction Impact: A difference of 2,493.70 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0821

0.0733

JanuMarcMayJulySeptNove

THB to XCD 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 0.0792, compared to 0.0764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0792

H2 Avg (Jul–Dec) 0.0764

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0059 XCD (High: 0.0825 / Low: 0.0767). On the other end, April was the most stable month, with a tight range of 0.0015 XCD (High: 0.0798 / Low: 0.0784).

February Spread (Volatile) ±0.0059

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: 0.0814) against the same month in 2022 (average: 0.0813), the exchange rate shifted by +0.0001 (+0.08%).

2023 Avg (January) 0.0814

2022 Avg (January) 0.0813

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0828	0.0781	0.0814
February	0.0825	0.0767	0.0793
March	0.0801	0.0770	0.0785
April	0.0798	0.0784	0.0791
May	0.0806	0.0777	0.0791
June	0.0782	0.0758	0.0775
July	0.0794	0.0766	0.0781
August	0.0788	0.0761	0.0771
September	0.0771	0.0737	0.0755
October	0.0752	0.0728	0.0741
November	0.0779	0.0749	0.0763
December	0.0790	0.0757	0.0774