2023 BZD to VND Historical Review

YEARLY HIGH

12273.2052 VND

YEARLY LOW

11526.1898 VND

YEARLY AVERAGE

11830.9058 VND

2023 BZD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 12273.2052. Conversely, the yearly low was recorded on February 5, dropping to 11526.1898.

This high-to-low spread represents a total annual volatility of 747.0154 VND. From a start-to-finish perspective, comparing the January average rate of 11643.1689 to the December average rate of 12034.9733, the exchange rate registered a net change of 3.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12273.2052 was down 1.70% compared to the 2022 peak of 12485.0058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,366,026 VND

2022 Average 58,071,493 VND

Yearly Trough Low 57,630,949 VND

Transaction Impact: A difference of 3,735,077.01 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12205.9653

11592.0056

JanuMarcMayJulySeptNove

BZD 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 11680.3544, compared to 11981.4571 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 301.1027 points.

H1 Avg (Jan–Jun) 11680.3544

H2 Avg (Jul–Dec) 11981.4571

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 358.8486 VND (High: 11885.0385 / Low: 11526.1898). On the other end, May was the most stable month, with a tight range of 55.4376 VND (High: 11680.1102 / Low: 11624.6726).

February Spread (Volatile) ±358.8486

May Spread (Stable) ±55.4376

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 March and April, when the average rate fell by 83.7293 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -83.7293

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 12085.1808) against the same month in 2022 (average: 12326.0752), the exchange rate shifted by -240.8944 (-1.95%).

2023 Avg (November) 12085.1808

2022 Avg (November) 12326.0752

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11724.6883	11613.7366	11643.1689
February	11885.0385	11526.1898	11730.5110
March	11871.8355	11646.6973	11739.1220
April	11797.0850	11618.5252	11655.3927
May	11680.1102	11624.6726	11647.1038
June	11742.6126	11605.4412	11666.8281
July	11854.8153	11696.1748	11751.7639
August	12003.3785	11742.2882	11841.8403
September	12134.4927	11919.6990	12020.1825
October	12220.8134	12031.8944	12154.8020
November	12273.2052	11982.0950	12085.1808
December	12094.3376	11969.7203	12034.9733