2023 CRC to VND Historical Review

YEARLY HIGH

46.7785 VND

YEARLY LOW

39.7028 VND

YEARLY AVERAGE

44.0442 VND

2023 CRC to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 46.7785. Conversely, the yearly low was recorded on January 8, dropping to 39.7028.

This high-to-low spread represents a total annual volatility of 7.0756 VND. From a start-to-finish perspective, comparing the January average rate of 40.8541 to the December average rate of 46.2415, the exchange rate registered a net change of 13.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 46.7785 was up 13.24% compared to the 2022 peak of 41.3085, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 233,892 VND

2022 Average 181,862 VND

Yearly Trough Low 198,514 VND

Transaction Impact: A difference of 35,378.25 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

46.7803

40.3153

JanuMarcMayJulySeptNove

CRC 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 42.8340, compared to 45.2545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4205 points.

H1 Avg (Jan–Jun) 42.8340

H2 Avg (Jul–Dec) 45.2545

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.7521 VND (High: 42.4549 / Low: 39.7028). On the other end, June was the most stable month, with a tight range of 0.3978 VND (High: 43.7602 / Low: 43.3624).

January Spread (Volatile) ±2.7521

June Spread (Stable) ±0.3978

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1629 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 46.2415) against the same month in 2022 (average: 40.3479), the exchange rate shifted by +5.8936 (+14.61%).

2023 Avg (December) 46.2415

2022 Avg (December) 40.3479

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.4549	39.7028	40.8541
February	42.8370	40.5154	41.8548
March	44.0689	42.4255	43.2660
April	44.2854	43.2296	43.8213
May	44.0596	43.1490	43.6618
June	43.7602	43.3624	43.5457
July	44.2259	43.1680	43.8026
August	44.8739	43.4693	44.3521
September	46.0105	44.6684	45.2319
October	46.3932	45.3635	46.0308
November	46.6022	45.5047	45.8679
December	46.7785	45.8068	46.2415