2023 BGN to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BGN to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BGN to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 13827.0416. Conversely, the yearly low was recorded on January 5, dropping to 12635.7565.
This high-to-low spread represents a total annual volatility of 1191.2850 VND. From a start-to-finish perspective, comparing the January average rate of 12940.2062 to the December average rate of 13558.5778, the exchange rate registered a net change of 4.78% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 13827.0416 was up 3.92% compared to the 2022 peak of 13305.4233, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BGN to VND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13007.5322, compared to 13359.1899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 351.6577 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 492.5382 VND (High: 13827.0416 / Low: 13334.5033). On the other end, April was the most stable month, with a tight range of 218.0220 VND (High: 13284.8597 / Low: 13066.8378).
Growth Streaks & Declines
TrendsBetween September and December, 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 April and May, when the average rate fell by 130.8005 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 13558.5778) against the same month in 2022 (average: 12870.9264), the exchange rate shifted by +687.6514 (+5.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13077.0707 | 12635.7565 | 12940.2062 |
| February | 13078.5644 | 12829.1212 | 12934.9518 |
| March | 13079.2767 | 12751.2274 | 12926.4777 |
| April | 13284.8597 | 13066.8378 | 13169.1040 |
| May | 13281.7464 | 12841.5479 | 13038.3034 |
| June | 13206.2843 | 12846.1476 | 13036.1501 |
| July | 13596.8096 | 13153.0134 | 13377.2975 |
| August | 13481.9521 | 13209.0911 | 13312.9392 |
| September | 13327.9696 | 13104.5578 | 13222.9898 |
| October | 13417.4654 | 13052.0069 | 13225.4675 |
| November | 13626.8773 | 13282.9185 | 13457.8677 |
| December | 13827.0416 | 13334.5033 | 13558.5778 |