2023 BAM to VND Historical Review

YEARLY HIGH

13773.8412 VND

YEARLY LOW

12581.3718 VND

YEARLY AVERAGE

13183.7466 VND

2023 BAM to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 13773.8412. Conversely, the yearly low was recorded on January 8, dropping to 12581.3718.

This high-to-low spread represents a total annual volatility of 1192.4694 VND. From a start-to-finish perspective, comparing the January average rate of 12913.3330 to the December average rate of 13553.4659, the exchange rate registered a net change of 4.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13773.8412 was up 3.50% compared to the 2022 peak of 13308.5179, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68,869,206 VND

2022 Average 63,014,418 VND

Yearly Trough Low 62,906,859 VND

Transaction Impact: A difference of 5,962,346.96 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13617.4792

12849.3198

JanuMarcMayJulySeptNove

BAM to VND 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 13005.4277, compared to 13362.0655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 356.6378 points.

H1 Avg (Jan–Jun) 13005.4277

H2 Avg (Jul–Dec) 13362.0655

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 498.3028 VND (High: 13079.6747 / Low: 12581.3718). On the other end, August was the most stable month, with a tight range of 174.6424 VND (High: 13425.3754 / Low: 13250.7331).

January Spread (Volatile) ±498.3028

August Spread (Stable) ±174.6424

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 119.7238 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -119.7238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 13553.4659) against the same month in 2022 (average: 12874.0635), the exchange rate shifted by +679.4024 (+5.28%).

2023 Avg (December) 13553.4659

2022 Avg (December) 12874.0635

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13079.6747	12581.3718	12913.3330
February	13194.2685	12862.6150	12952.9333
March	13082.6868	12749.2898	12918.9088
April	13354.5061	13047.1570	13169.4263
May	13266.5741	12861.7603	13049.7025
June	13235.8226	12839.4843	13028.2621
July	13604.7242	13107.1599	13378.0170
August	13425.3754	13250.7331	13319.1560
September	13356.2916	13146.2796	13245.7525
October	13387.6880	13060.0011	13229.9138
November	13634.7818	13262.8041	13446.0878
December	13773.8412	13336.3749	13553.4659