[Purpose] This pilot study analyzed the degradation of spatial learning ability caused by hypothyroidism using aerobic and anaerobic exercise. [Subjects and Methods] The experiments were performed on 11, four-week-old male Sprague-Dawley rats. Hypothyroidism-induced rats receiving propylthiouracil (PTU) treatment were divided into aerobic exercise, anaerobic exercise, and control groups. Each group performed exercise and rest for four weeks. Changes in lethargy, memory deterioration, and thyroid function were measured in each group by blood analysis and open field and Morris water maze tests. [Results] After four weeks, blood analysis revealed that the thyroid hormone levels had returned to normal in the aerobic exercise, anaerobic exercise, and control groups, whereas the open field and Morris water maze tests showed that the aerobic and anaerobic exercise groups had faster recovery compared to that of the control group. In addition, comparison of aerobic and anaerobic groups showed that the anaerobic exercise group had faster recovery compared to that of the aerobic group. [Conclusion] The findings of this study suggest that exercise helped to improve lethargy and deteriorated spatial learning ability caused by hypothyroidism and to recover function in rats. Anaerobic exercise was more beneficial than aerobic exercise in alleviating symptoms.