2023 XCD to THB Historical Review

YEARLY HIGH

13.7330 THB

YEARLY LOW

12.0784 THB

YEARLY AVERAGE

12.8647 THB

2023 XCD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 13.7330. Conversely, the yearly low was recorded on January 21, dropping to 12.0784.

This high-to-low spread represents a total annual volatility of 1.6546 THB. From a start-to-finish perspective, comparing the January average rate of 12.2875 to the December average rate of 12.9154, the exchange rate registered a net change of 5.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.7330 was down 3.10% compared to the 2022 peak of 14.1718, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68,665 THB

2022 Average 64,818 THB

Yearly Trough Low 60,392 THB

Transaction Impact: A difference of 8,272.78 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.6222

12.1662

JanuMarcMayJulySeptNove

XCD 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 12.6370, compared to 13.0924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4554 points.

H1 Avg (Jan–Jun) 12.6370

H2 Avg (Jul–Dec) 13.0924

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.9256 THB (High: 13.0395 / Low: 12.1139). On the other end, April was the most stable month, with a tight range of 0.2346 THB (High: 12.7629 / Low: 12.5284).

February Spread (Volatile) ±0.9256

April Spread (Stable) ±0.2346

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 0.3911 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3911

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 13.5008) against the same month in 2022 (average: 14.0325), the exchange rate shifted by -0.5317 (-3.79%).

2023 Avg (October) 13.5008

2022 Avg (October) 14.0325

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.8029	12.0784	12.2875
February	13.0395	12.1139	12.6073
March	12.9890	12.4782	12.7340
April	12.7629	12.5284	12.6458
May	12.8619	12.4105	12.6463
June	13.1875	12.7812	12.9007
July	13.0580	12.5910	12.8117
August	13.1351	12.6880	12.9666
September	13.5707	12.9630	13.2499
October	13.7330	13.2923	13.5008
November	13.3511	12.8295	13.1097
December	13.2101	12.6539	12.9154