YEARLY HIGH
18444.1174 VND
YEARLY LOW
17041.9737 VND
YEARLY AVERAGE
17655.8721 VND

2023 CAD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 18444.1174. Conversely, the yearly low was recorded on March 25, dropping to 17041.9737.

This high-to-low spread represents a total annual volatility of 1402.1437 VND. From a start-to-finish perspective, comparing the January average rate of 17488.5278 to the December average rate of 18109.5564, the exchange rate registered a net change of 3.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18444.1174 was down 1.41% compared to the 2022 peak of 18708.1358, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92,220,587 VND
2022 Average 89,922,132 VND
Yearly Trough Low 85,209,869 VND
Transaction Impact: A difference of 7,010,718.48 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18197.6433
17140.6011
JanuMarcMayJulySeptNove

CAD 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 17449.0761, compared to 17862.6681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 413.5920 points.

H1 Avg (Jan–Jun) 17449.0761
H2 Avg (Jul–Dec) 17862.6681

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 603.6033 VND (High: 18444.1174 / Low: 17840.5141). On the other end, August was the most stable month, with a tight range of 273.4609 VND (High: 17851.0898 / Low: 17577.6289).

December Spread (Volatile) ±603.6033
August Spread (Stable) ±273.4609

Growth Streaks & Declines

Trends

Between May and July, 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 February and March, when the average rate fell by 343.3406 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -343.3406

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 18109.5564) against the same month in 2022 (average: 17486.7159), the exchange rate shifted by +622.8405 (+3.56%).

2023 Avg (December) 18109.5564
2022 Avg (December) 17486.7159

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17635.4859 17211.9151 17488.5278
February 17700.7771 17415.2960 17572.0286
March 17457.0317 17041.9737 17228.6879
April 17573.9543 17177.5018 17364.0206
May 17551.5514 17176.4202 17345.4602
June 17898.1871 17469.1829 17695.7317
July 18054.0975 17746.9626 17883.5621
August 17851.0898 17577.6289 17701.1460
September 18140.7751 17591.0480 17877.4391
October 17982.7347 17701.1434 17853.6304
November 17960.5125 17616.9823 17750.6750
December 18444.1174 17840.5141 18109.5564