YEARLY HIGH
0.0024 PHP
YEARLY LOW
0.0023 PHP
YEARLY AVERAGE
0.0023 PHP

2023 VND to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.0024. Conversely, the yearly low was recorded on November 4, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0001 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0023 to the December average rate of 0.0023, the exchange rate registered a net change of -2.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0024 was down 3.85% compared to the 2022 peak of 0.0025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 VND based on timing:

Yearly Peak High 23,991 PHP
2022 Average 23,276 PHP
Yearly Trough Low 22,707 PHP
Transaction Impact: A difference of 1,283.73 PHP purely based on transaction execution date.

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0.0024
0.0023
JanuMarcMayJulySeptNove

VND to PHP 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 0.0023, compared to 0.0023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0023
H2 Avg (Jul–Dec) 0.0023

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0001 PHP (High: 0.0024 / Low: 0.0023). On the other end, December was the most stable month, with a tight range of 0.0000 PHP (High: 0.0023 / Low: 0.0023).

April Spread (Volatile) Âą0.0001
December Spread (Stable) Âą0.0000

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0024) against the same month in 2022 (average: 0.0023), the exchange rate shifted by +0.0001 (+4.78%).

2023 Avg (May) 0.0024
2022 Avg (May) 0.0023

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Month High Low Average
January 0.0024 0.0023 0.0023
February 0.0023 0.0023 0.0023
March 0.0023 0.0023 0.0023
April 0.0024 0.0023 0.0024
May 0.0024 0.0024 0.0024
June 0.0024 0.0023 0.0024
July 0.0024 0.0023 0.0023
August 0.0024 0.0023 0.0024
September 0.0024 0.0023 0.0023
October 0.0023 0.0023 0.0023
November 0.0023 0.0023 0.0023
December 0.0023 0.0023 0.0023