2023 XAF to THB Historical Review

YEARLY HIGH

0.0597 THB

YEARLY LOW

0.0541 THB

YEARLY AVERAGE

0.0574 THB

2023 XAF to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.0597. Conversely, the yearly low was recorded on January 21, dropping to 0.0541.

This high-to-low spread represents a total annual volatility of 0.0055 THB. From a start-to-finish perspective, comparing the January average rate of 0.0546 to the December average rate of 0.0581, the exchange rate registered a net change of 6.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0597 was up 2.49% compared to the 2022 peak of 0.0582, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 298 THB

2022 Average 281 THB

Yearly Trough Low 271 THB

Transaction Impact: A difference of 27.70 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0592

0.0542

JanuMarcMayJulySeptNove

XAF 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 0.0563, compared to 0.0584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0563

H2 Avg (Jul–Dec) 0.0584

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0026 THB (High: 0.0592 / Low: 0.0566). On the other end, December was the most stable month, with a tight range of 0.0011 THB (High: 0.0588 / Low: 0.0576).

June Spread (Volatile) ±0.0026

December Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0588) against the same month in 2022 (average: 0.0569), the exchange rate shifted by +0.0019 (+3.35%).

2023 Avg (October) 0.0588

2022 Avg (October) 0.0569

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0565	0.0541	0.0546
February	0.0568	0.0547	0.0556
March	0.0567	0.0554	0.0562
April	0.0579	0.0564	0.0573
May	0.0573	0.0560	0.0567
June	0.0592	0.0566	0.0576
July	0.0593	0.0574	0.0584
August	0.0589	0.0575	0.0583
September	0.0589	0.0576	0.0583
October	0.0597	0.0581	0.0588
November	0.0592	0.0579	0.0584
December	0.0588	0.0576	0.0581