YEARLY HIGH
65492.8905 VND
YEARLY LOW
61984.5826 VND
YEARLY AVERAGE
63251.0130 VND

2023 BHD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 65492.8905. Conversely, the yearly low was recorded on April 10, dropping to 61984.5826.

This high-to-low spread represents a total annual volatility of 3508.3079 VND. From a start-to-finish perspective, comparing the January average rate of 62264.8808 to the December average rate of 64403.5949, the exchange rate registered a net change of 3.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 65492.8905 was down 0.88% compared to the 2022 peak of 66076.0771, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 327,464,453 VND
2022 Average 310,452,234 VND
Yearly Trough Low 309,922,913 VND
Transaction Impact: A difference of 17,541,539.44 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

65212.7745
61996.8905
JanuMarcMayJulySeptNove

BHD 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 62451.1230, compared to 64050.9029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1599.7799 points.

H1 Avg (Jan–Jun) 62451.1230
H2 Avg (Jul–Dec) 64050.9029

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1431.4531 VND (High: 65492.8905 / Low: 64061.4375). On the other end, June was the most stable month, with a tight range of 379.5564 VND (High: 62651.1608 / Low: 62271.6044).

November Spread (Volatile) ±1431.4531
June Spread (Stable) ±379.5564

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 378.8943 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -378.8943

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 64565.8899) against the same month in 2022 (average: 65843.5624), the exchange rate shifted by -1277.6725 (-1.94%).

2023 Avg (November) 64565.8899
2022 Avg (November) 65843.5624

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 62746.8197 62137.8090 62264.8808
February 63559.3601 62195.7393 62783.9303
March 63432.8759 62280.3587 62670.0802
April 62904.0723 61984.5826 62305.1396
May 62645.4651 62182.9371 62269.9348
June 62651.1608 62271.6044 62412.7723
July 63127.2777 62549.2396 62814.4317
August 64160.9816 62791.8574 63305.9037
September 64841.4673 63818.5598 64270.8134
October 65301.1364 64353.8922 64944.7842
November 65492.8905 64061.4375 64565.8899
December 64634.3795 64114.0555 64403.5949