YEARLY HIGH
48.8015 THB
YEARLY LOW
44.0482 THB
YEARLY AVERAGE
46.3945 THB

2023 XDR to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 48.8015. Conversely, the yearly low was recorded on January 21, dropping to 44.0482.

This high-to-low spread represents a total annual volatility of 4.7533 THB. From a start-to-finish perspective, comparing the January average rate of 44.6098 to the December average rate of 46.5486, the exchange rate registered a net change of 4.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 48.8015 was down 9.23% compared to the 2022 peak of 53.7651, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 244,008 THB
2022 Average 240,140 THB
Yearly Trough Low 220,241 THB
Transaction Impact: A difference of 23,766.67 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

48.2477
44.2790
JanuMarcMayJulySeptNove

XDR 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 45.7960, compared to 46.9930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1970 points.

H1 Avg (Jan–Jun) 45.7960
H2 Avg (Jul–Dec) 46.9930

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.6004 THB (High: 46.7473 / Low: 44.1469). On the other end, May was the most stable month, with a tight range of 1.1201 THB (High: 46.4748 / Low: 45.3547).

February Spread (Volatile) ±2.6004
May Spread (Stable) ±1.1201

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 October and November, when the average rate fell by 1.0713 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0713

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 47.9170) against the same month in 2022 (average: 51.8961), the exchange rate shifted by -3.9791 (-7.67%).

2023 Avg (October) 47.9170
2022 Avg (October) 51.8961

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.0634 44.0482 44.6098
February 46.7473 44.1469 45.6301
March 46.6956 45.0758 45.9193
April 46.7919 45.6274 46.1286
May 46.4748 45.3547 45.9540
June 47.5325 45.9654 46.5342
July 47.3576 45.9831 46.5266
August 47.3370 46.0299 46.7818
September 48.2123 46.4787 47.3384
October 48.8015 47.1023 47.9170
November 47.6037 46.1159 46.8457
December 47.4543 45.7969 46.5486