YEARLY HIGH
12303.1496 VND
YEARLY LOW
11715.0897 VND
YEARLY AVERAGE
11917.4739 VND

2023 BBD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 12303.1496. Conversely, the yearly low was recorded on January 17, dropping to 11715.0897.

This high-to-low spread represents a total annual volatility of 588.0599 VND. From a start-to-finish perspective, comparing the January average rate of 11734.6672 to the December average rate of 12142.0086, the exchange rate registered a net change of 3.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12303.1496 was down 1.08% compared to the 2022 peak of 12437.5000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,515,748 VND
2022 Average 58,522,051 VND
Yearly Trough Low 58,575,448 VND
Transaction Impact: A difference of 2,940,299.64 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12292.2729
11681.9179
JanuMarcMayJulySeptNove

BBD 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 11764.0496, compared to 12070.8981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 306.8485 points.

H1 Avg (Jan–Jun) 11764.0496
H2 Avg (Jul–Dec) 12070.8981

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 249.2894 VND (High: 12094.8262 / Low: 11845.5369). On the other end, May was the most stable month, with a tight range of 26.1598 VND (High: 11746.7417 / Low: 11720.5820).

August Spread (Volatile) ±249.2894
May Spread (Stable) ±26.1598

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 75.8801 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -75.8801

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 12241.4100) against the same month in 2022 (average: 12162.8686), the exchange rate shifted by +78.5414 (+0.65%).

2023 Avg (October) 12241.4100
2022 Avg (October) 12162.8686

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11817.5478 11715.0897 11734.6672
February 11914.6950 11724.7041 11823.8480
March 11862.5000 11739.8476 11801.6802
April 11756.4072 11723.3301 11734.8895
May 11746.7417 11720.5820 11732.7808
June 11788.7500 11739.8476 11756.4320
July 11878.6587 11788.7500 11829.8989
August 12094.8262 11845.5369 11934.7386
September 12199.5898 12029.3518 12111.8026
October 12303.1496 12152.3638 12241.4100
November 12295.5876 12070.0076 12165.5299
December 12180.0903 12115.1363 12142.0086