2023 DOP to VND Historical Review

YEARLY HIGH

436.6047 VND

YEARLY LOW

410.2662 VND

YEARLY AVERAGE

425.7378 VND

2023 DOP to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 436.6047. Conversely, the yearly low was recorded on February 5, dropping to 410.2662.

This high-to-low spread represents a total annual volatility of 26.3385 VND. From a start-to-finish perspective, comparing the January average rate of 414.7369 to the December average rate of 423.5970, the exchange rate registered a net change of 2.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 436.6047 was down 6.83% compared to the 2022 peak of 468.6271, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,183,024 VND

2022 Average 2,131,485 VND

Yearly Trough Low 2,051,331 VND

Transaction Impact: A difference of 131,692.51 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

432.6740

413.1062

JanuMarcMayJulySeptNove

DOP 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 425.5250, compared to 425.9507 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4257 points.

H1 Avg (Jan–Jun) 425.5250

H2 Avg (Jul–Dec) 425.9507

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 17.8695 VND (High: 428.1357 / Low: 410.2662). On the other end, May was the most stable month, with a tight range of 2.8054 VND (High: 431.2502 / Low: 428.4449).

February Spread (Volatile) ±17.8695

May Spread (Stable) ±2.8054

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 5.1279 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -5.1279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 429.5607) against the same month in 2022 (average: 416.2532), the exchange rate shifted by +13.3075 (+3.20%).

2023 Avg (March) 429.5607

2022 Avg (March) 416.2532

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	420.1439	412.4347	414.7369
February	428.1357	410.2662	420.9702
March	436.6047	426.9370	429.5607
April	434.0889	426.9574	429.0739
May	431.2502	428.4449	430.3158
June	430.9893	425.9711	428.4926
July	429.6096	421.2027	424.0011
August	426.2627	417.0686	421.5277
September	430.9796	422.6389	426.8099
October	432.9328	427.3391	431.0434
November	436.0821	424.3833	428.7249
December	427.4123	417.6601	423.5970