YEARLY HIGH
27057.5120 VND
YEARLY LOW
24706.8222 VND
YEARLY AVERAGE
25794.3225 VND

2023 EUR to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 27057.5120. Conversely, the yearly low was recorded on January 5, dropping to 24706.8222.

This high-to-low spread represents a total annual volatility of 2350.6898 VND. From a start-to-finish perspective, comparing the January average rate of 25318.3450 to the December average rate of 26526.5939, the exchange rate registered a net change of 4.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 27057.5120 was up 3.97% compared to the 2022 peak of 26025.5204, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 135,287,560 VND
2022 Average 123,230,034 VND
Yearly Trough Low 123,534,111 VND
Transaction Impact: A difference of 11,753,448.94 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

26650.1777
25167.1728
JanuMarcMayJulySeptNove

EUR 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 25456.2357, compared to 26132.4093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 676.1736 points.

H1 Avg (Jan–Jun) 25456.2357
H2 Avg (Jul–Dec) 26132.4093

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1162.9057 VND (High: 26288.2824 / Low: 25125.3767). On the other end, September was the most stable month, with a tight range of 442.7879 VND (High: 26074.8706 / Low: 25632.0827).

May Spread (Volatile) ±1162.9057
September Spread (Stable) ±442.7879

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 259.8507 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -259.8507

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 26526.5939) against the same month in 2022 (average: 25206.1424), the exchange rate shifted by +1320.4515 (+5.24%).

2023 Avg (December) 26526.5939
2022 Avg (December) 25206.1424

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25607.9287 24706.8222 25318.3450
February 25824.2615 25112.2815 25307.8366
March 25603.3106 24946.8880 25290.7565
April 26111.7200 25353.7652 25791.0117
May 26288.2824 25125.3767 25531.1609
June 25841.4402 25118.8150 25498.3036
July 26583.6125 25732.3249 26164.2689
August 26371.1689 25834.2466 26041.1042
September 26074.8706 25632.0827 25866.6887
October 26250.0688 25526.5673 25868.1228
November 26673.6463 25976.1365 26327.6773
December 27057.5120 26084.4886 26526.5939