2023 TND to THB Historical Review

YEARLY HIGH

11.6656 THB

YEARLY LOW

10.5719 THB

YEARLY AVERAGE

11.2026 THB

2023 TND to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 11.6656. Conversely, the yearly low was recorded on January 23, dropping to 10.5719.

This high-to-low spread represents a total annual volatility of 1.0937 THB. From a start-to-finish perspective, comparing the January average rate of 10.7431 to the December average rate of 11.2633, the exchange rate registered a net change of 4.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.6656 was down 3.43% compared to the 2022 peak of 12.0794, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TND based on timing:

Yearly Peak High 58,328 THB

2022 Average 56,830 THB

Yearly Trough Low 52,859 THB

Transaction Impact: A difference of 5,468.59 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.5759

10.6674

JanuMarcMayJulySeptNove

TND to THB 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 11.0518, compared to 11.3533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3016 points.

H1 Avg (Jan–Jun) 11.0518

H2 Avg (Jul–Dec) 11.3533

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.5590 THB (High: 11.1309 / Low: 10.5719). On the other end, May was the most stable month, with a tight range of 0.2262 THB (High: 11.2412 / Low: 11.0150).

January Spread (Volatile) ±0.5590

May Spread (Stable) ±0.2262

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1819 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1819

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 11.5002) against the same month in 2022 (average: 11.6549), the exchange rate shifted by -0.1547 (-1.33%).

2023 Avg (October) 11.5002

2022 Avg (October) 11.6549

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.1309	10.5719	10.7431
February	11.1838	10.7417	10.9625
March	11.2647	10.7775	11.0267
April	11.3108	10.9200	11.1632
May	11.2412	11.0150	11.1446
June	11.5106	11.1156	11.2705
July	11.4453	11.0870	11.2904
August	11.4878	11.1097	11.3366
September	11.5764	11.3153	11.4112
October	11.6656	11.3125	11.5002
November	11.4256	11.1330	11.3183
December	11.4060	11.1603	11.2633