2023 UAH to THB Historical Review

YEARLY HIGH

1.0126 THB

YEARLY LOW

0.8854 THB

YEARLY AVERAGE

0.9450 THB

2023 UAH to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 1.0126. Conversely, the yearly low was recorded on January 23, dropping to 0.8854.

This high-to-low spread represents a total annual volatility of 0.1273 THB. From a start-to-finish perspective, comparing the January average rate of 0.9034 to the December average rate of 0.9387, the exchange rate registered a net change of 3.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0126 was down 18.70% compared to the 2022 peak of 1.2455, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,063 THB

2022 Average 5,419 THB

Yearly Trough Low 4,427 THB

Transaction Impact: A difference of 636.32 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0092

0.8938

JanuMarcMayJulySeptNove

UAH 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 0.9270, compared to 0.9630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0360 points.

H1 Avg (Jan–Jun) 0.9270

H2 Avg (Jul–Dec) 0.9630

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0705 THB (High: 0.9670 / Low: 0.8965). On the other end, April was the most stable month, with a tight range of 0.0210 THB (High: 0.9383 / Low: 0.9173).

December Spread (Volatile) ±0.0705

April Spread (Stable) ±0.0210

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0421 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0421

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.9996) against the same month in 2022 (average: 1.0275), the exchange rate shifted by -0.0280 (-2.72%).

2023 Avg (October) 0.9996

2022 Avg (October) 1.0275

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9415	0.8854	0.9034
February	0.9543	0.8865	0.9257
March	0.9507	0.9196	0.9340
April	0.9383	0.9173	0.9283
May	0.9449	0.9080	0.9263
June	0.9652	0.9357	0.9441
July	0.9617	0.9222	0.9398
August	0.9609	0.9281	0.9492
September	0.9923	0.9485	0.9699
October	1.0126	0.9876	0.9996
November	1.0029	0.9539	0.9808
December	0.9670	0.8965	0.9387