2023 BND to VND Historical Review

YEARLY HIGH

18423.5262 VND

YEARLY LOW

17342.3702 VND

YEARLY AVERAGE

17754.2550 VND

2023 BND to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 18423.5262. Conversely, the yearly low was recorded on May 31, dropping to 17342.3702.

This high-to-low spread represents a total annual volatility of 1081.1560 VND. From a start-to-finish perspective, comparing the January average rate of 17687.7737 to the December average rate of 18227.5545, the exchange rate registered a net change of 3.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18423.5262 was up 1.42% compared to the 2022 peak of 18166.3022, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92,117,631 VND

2022 Average 84,893,478 VND

Yearly Trough Low 86,711,851 VND

Transaction Impact: A difference of 5,405,779.82 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18303.0597

17396.9980

JanuMarcMayJulySeptNove

BND 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 17617.4927, compared to 17891.0174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 273.5247 points.

H1 Avg (Jan–Jun) 17617.4927

H2 Avg (Jul–Dec) 17891.0174

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 587.0594 VND (High: 17949.2188 / Low: 17362.1594). On the other end, April was the most stable month, with a tight range of 232.9535 VND (High: 17784.7870 / Low: 17551.8335).

July Spread (Volatile) ±587.0594

April Spread (Stable) ±232.9535

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 137.7398 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -137.7398

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 18227.5545) against the same month in 2022 (average: 17597.4796), the exchange rate shifted by +630.0749 (+3.58%).

2023 Avg (December) 18227.5545

2022 Avg (December) 17597.4796

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17886.6555	17394.8722	17687.7737
February	17952.1536	17623.3635	17755.5309
March	17817.7268	17441.4672	17617.7911
April	17784.7870	17551.8335	17644.3879
May	17705.0178	17342.3702	17526.9694
June	17619.3167	17362.1594	17472.5031
July	17949.2188	17362.1594	17730.5549
August	17850.1924	17551.6388	17674.2371
September	17908.5237	17637.3113	17780.9169
October	17993.8152	17734.6694	17887.6206
November	18223.5635	17885.9150	18045.2204
December	18423.5262	18047.9889	18227.5545