2023 BWP to VND Historical Review

YEARLY HIGH

1855.7545 VND

YEARLY LOW

1703.5253 VND

YEARLY AVERAGE

1785.2473 VND

2023 BWP to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 1855.7545. Conversely, the yearly low was recorded on June 1, dropping to 1703.5253.

This high-to-low spread represents a total annual volatility of 152.2293 VND. From a start-to-finish perspective, comparing the January average rate of 1837.3217 to the December average rate of 1798.1138, the exchange rate registered a net change of -2.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1855.7545 was down 7.26% compared to the 2022 peak of 2000.9514, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,278,773 VND

2022 Average 9,475,240 VND

Yearly Trough Low 8,517,626 VND

Transaction Impact: A difference of 761,146.41 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1846.8104

1732.9450

JanuMarcMayJulySeptNove

BWP 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 1785.0991, compared to 1785.3954 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2962 points.

H1 Avg (Jan–Jun) 1785.0991

H2 Avg (Jul–Dec) 1785.3954

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 79.1675 VND (High: 1821.8854 / Low: 1742.7179). On the other end, April was the most stable month, with a tight range of 33.8682 VND (High: 1805.1846 / Low: 1771.3164).

July Spread (Volatile) ±79.1675

April Spread (Stable) ±33.8682

Growth Streaks & Declines

Trends

Between August and November, 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 45.8579 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -45.8579

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1837.3217) against the same month in 2022 (average: 1955.9543), the exchange rate shifted by -118.6327 (-6.07%).

2023 Avg (January) 1837.3217

2022 Avg (January) 1955.9543

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1855.7545	1819.4952	1837.3217
February	1847.8941	1783.9301	1807.5003
March	1805.1846	1768.6513	1785.6399
April	1805.1846	1771.3164	1788.2917
May	1782.9153	1703.9715	1742.4338
June	1778.1954	1703.5253	1749.4075
July	1821.8854	1742.7179	1787.4577
August	1797.6596	1753.9036	1768.9911
September	1795.3001	1751.6258	1775.0646
October	1802.4122	1761.1539	1782.4819
November	1828.2453	1784.6596	1800.2631
December	1819.1283	1769.1950	1798.1138