2023 TWD to THB Historical Review

YEARLY HIGH

1.1498 THB

YEARLY LOW

1.0762 THB

YEARLY AVERAGE

1.1164 THB

2023 TWD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 1.1498. Conversely, the yearly low was recorded on January 21, dropping to 1.0762.

This high-to-low spread represents a total annual volatility of 0.0736 THB. From a start-to-finish perspective, comparing the January average rate of 1.0926 to the December average rate of 1.1182, the exchange rate registered a net change of 2.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1498 was down 6.53% compared to the 2022 peak of 1.2301, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,749 THB

2022 Average 5,882 THB

Yearly Trough Low 5,381 THB

Transaction Impact: A difference of 368.25 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1353

1.0887

JanuMarcMayJulySeptNove

TWD 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 1.1179, compared to 1.1148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 1.1179

H2 Avg (Jul–Dec) 1.1148

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0530 THB (High: 1.1291 / Low: 1.0762). On the other end, June was the most stable month, with a tight range of 0.0213 THB (High: 1.1456 / Low: 1.1244).

January Spread (Volatile) ±0.0530

June Spread (Stable) ±0.0213

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0212 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.1302) against the same month in 2022 (average: 1.1870), the exchange rate shifted by -0.0568 (-4.78%).

2023 Avg (October) 1.1302

2022 Avg (October) 1.1870

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1291	1.0762	1.0926
February	1.1494	1.1016	1.1253
March	1.1419	1.1009	1.1264
April	1.1307	1.1043	1.1184
May	1.1356	1.0939	1.1132
June	1.1456	1.1244	1.1314
July	1.1325	1.0895	1.1102
August	1.1119	1.0851	1.1013
September	1.1404	1.0990	1.1181
October	1.1498	1.1108	1.1302
November	1.1242	1.0970	1.1109
December	1.1337	1.1103	1.1182