2023 WST to THB Historical Review

YEARLY HIGH

13.6524 THB

YEARLY LOW

12.1008 THB

YEARLY AVERAGE

12.7273 THB

2023 WST to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 13.6524. Conversely, the yearly low was recorded on January 21, dropping to 12.1008.

This high-to-low spread represents a total annual volatility of 1.5516 THB. From a start-to-finish perspective, comparing the January average rate of 12.3103 to the December average rate of 12.4659, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.6524 was down 1.40% compared to the 2022 peak of 13.8468, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68,262 THB

2022 Average 65,457 THB

Yearly Trough Low 60,504 THB

Transaction Impact: A difference of 7,757.97 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.3676

12.2142

JanuMarcMayJulySeptNove

WST 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 12.5943, compared to 12.8602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2660 points.

H1 Avg (Jan–Jun) 12.5943

H2 Avg (Jul–Dec) 12.8602

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.9273 THB (High: 13.0637 / Low: 12.1364). On the other end, April was the most stable month, with a tight range of 0.2326 THB (High: 12.6554 / Low: 12.4229).

February Spread (Volatile) ±0.9273

April Spread (Stable) ±0.2326

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 October and November, when the average rate fell by 0.6180 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 13.2715) against the same month in 2022 (average: 13.5186), the exchange rate shifted by -0.2472 (-1.83%).

2023 Avg (October) 13.2715

2022 Avg (October) 13.5186

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.8266	12.1008	12.3103
February	13.0637	12.1364	12.6307
March	13.0131	12.5013	12.7534
April	12.6554	12.4229	12.5393
May	12.7536	12.3060	12.5398
June	13.0765	12.6735	12.7921
July	12.9480	12.4849	12.7080
August	13.0580	12.6136	12.8905
September	13.4911	12.8869	13.1722
October	13.6524	12.8296	13.2715
November	12.8864	12.3830	12.6535
December	12.7503	12.2135	12.4659