YEARLY HIGH
229.1128 VND
YEARLY LOW
216.2463 VND
YEARLY AVERAGE
220.6687 VND

2023 BDT to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BDT to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 229.1128. Conversely, the yearly low was recorded on August 13, dropping to 216.2463.

This high-to-low spread represents a total annual volatility of 12.8666 VND. From a start-to-finish perspective, comparing the January average rate of 223.9692 to the December average rate of 220.7285, the exchange rate registered a net change of -1.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 229.1128 was down 14.36% compared to the 2022 peak of 267.5239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,145,564 VND
2022 Average 1,258,745 VND
Yearly Trough Low 1,081,231 VND
Transaction Impact: A difference of 64,332.84 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

224.6061
216.9642
JanuMarcMayJulySeptNove

BDT 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 221.1956, compared to 220.1417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0539 points.

H1 Avg (Jan–Jun) 221.1956
H2 Avg (Jul–Dec) 220.1417

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 11.0299 VND (High: 227.4560 / Low: 216.4261). On the other end, June was the most stable month, with a tight range of 2.2793 VND (High: 219.0353 / Low: 216.7560).

February Spread (Volatile) ±11.0299
June Spread (Stable) ±2.2793

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.0702 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.0702

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 223.9692) against the same month in 2022 (average: 264.3433), the exchange rate shifted by -40.3741 (-15.27%).

2023 Avg (January) 223.9692
2022 Avg (January) 264.3433

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 229.1128 219.6677 223.9692
February 227.4560 216.4261 222.4491
March 227.1139 218.4767 222.9524
April 224.0030 218.2484 221.1360
May 221.4897 216.6920 219.0658
June 219.0353 216.7560 217.6010
July 219.6834 217.2680 218.2555
August 221.0598 216.2463 218.4427
September 222.8746 218.9020 220.6494
October 223.4357 219.9726 222.2238
November 223.5143 218.0811 220.5505
December 222.1131 219.4993 220.7285