2023 CDF to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CDF to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CDF to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 11.6320. Conversely, the yearly low was recorded on December 21, dropping to 8.7123.
This high-to-low spread represents a total annual volatility of 2.9197 VND. From a start-to-finish perspective, comparing the January average rate of 11.4559 to the December average rate of 8.9208, the exchange rate registered a net change of -22.13% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 11.6320 was down 5.42% compared to the 2022 peak of 12.2992, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CDF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CDF to VND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.0567, compared to 9.5325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5242 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 1.4359 VND (High: 11.4916 / Low: 10.0557). On the other end, August was the most stable month, with a tight range of 0.2118 VND (High: 9.7519 / Low: 9.5402).
Growth Streaks & Declines
TrendsBetween July and September, 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 May and June, when the average rate fell by 0.7972 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 11.4658) against the same month in 2022 (average: 11.3194), the exchange rate shifted by +0.1463 (+1.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.5780 | 11.3291 | 11.4559 |
| February | 11.6320 | 11.3301 | 11.4658 |
| March | 11.6015 | 11.2722 | 11.4143 |
| April | 11.4785 | 10.7451 | 11.2809 |
| May | 11.4916 | 10.0557 | 10.7603 |
| June | 10.1083 | 9.7832 | 9.9631 |
| July | 9.7863 | 9.2840 | 9.5838 |
| August | 9.7519 | 9.5402 | 9.6396 |
| September | 9.9223 | 9.6129 | 9.7531 |
| October | 9.8747 | 9.4626 | 9.7241 |
| November | 9.9780 | 8.9099 | 9.5738 |
| December | 9.1087 | 8.7123 | 8.9208 |