2023 CNY to VND Historical Review

YEARLY HIGH

3497.1675 VND

YEARLY LOW

3249.0165 VND

YEARLY AVERAGE

3371.1342 VND

2023 CNY to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 3497.1675. Conversely, the yearly low was recorded on June 28, dropping to 3249.0165.

This high-to-low spread represents a total annual volatility of 248.1510 VND. From a start-to-finish perspective, comparing the January average rate of 3455.7910 to the December average rate of 3411.4938, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3497.1675 was down 3.29% compared to the 2022 peak of 3616.1408, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 87,429,187 VND

2022 Average 87,031,607 VND

Yearly Trough Low 81,225,412 VND

Transaction Impact: A difference of 6,203,774.87 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3472.7046

3269.7409

JanuMarcMayJulySeptNove

CNY 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 3398.0600, compared to 3344.2084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 53.8516 points.

H1 Avg (Jan–Jun) 3398.0600

H2 Avg (Jul–Dec) 3344.2084

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 93.7503 VND (High: 3497.1675 / Low: 3403.4172). On the other end, April was the most stable month, with a tight range of 33.1648 VND (High: 3419.1729 / Low: 3386.0081).

January Spread (Volatile) ±93.7503

April Spread (Stable) ±33.1648

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 71.3789 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -71.3789

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 3455.7910) against the same month in 2022 (average: 3572.5293), the exchange rate shifted by -116.7383 (-3.27%).

2023 Avg (January) 3455.7910

2022 Avg (January) 3572.5293

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3497.1675	3403.4172	3455.7910
February	3483.0164	3419.6113	3455.4644
March	3453.8447	3396.6809	3424.4235
April	3419.1729	3386.0081	3407.9933
May	3395.5665	3303.4511	3358.0334
June	3314.4831	3249.0165	3286.6546
July	3333.8563	3250.4101	3292.2809
August	3334.9277	3265.6976	3297.0659
September	3344.5717	3276.4134	3321.5972
October	3428.6672	3339.6315	3365.5933
November	3426.6574	3336.9441	3377.2192
December	3441.1997	3380.7374	3411.4938