YEARLY HIGH
11123.7056 VND
YEARLY LOW
10377.0111 VND
YEARLY AVERAGE
10690.9453 VND

2023 FJD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 11123.7056. Conversely, the yearly low was recorded on June 4, dropping to 10377.0111.

This high-to-low spread represents a total annual volatility of 746.6945 VND. From a start-to-finish perspective, comparing the January average rate of 10775.9306 to the December average rate of 10962.2641, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11123.7056 was down 0.88% compared to the 2022 peak of 11222.1528, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,618,528 VND
2022 Average 53,479,939 VND
Yearly Trough Low 51,885,056 VND
Transaction Impact: A difference of 3,733,472.37 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11003.7392
10506.0378
JanuMarcMayJulySeptNove

FJD 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 10652.1700, compared to 10729.7205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 77.5505 points.

H1 Avg (Jan–Jun) 10652.1700
H2 Avg (Jul–Dec) 10729.7205

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 336.5560 VND (High: 10727.5943 / Low: 10391.0383). On the other end, February was the most stable month, with a tight range of 122.9796 VND (High: 10841.4494 / Low: 10718.4698).

August Spread (Volatile) ±336.5560
February Spread (Stable) ±122.9796

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 136.7330 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -136.7330

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 10962.2641) against the same month in 2022 (average: 10774.0971), the exchange rate shifted by +188.1670 (+1.75%).

2023 Avg (December) 10962.2641
2022 Avg (December) 10774.0971

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10899.2079 10624.3247 10775.9306
February 10841.4494 10718.4698 10778.4470
March 10746.8764 10574.3868 10641.7140
April 10692.2534 10502.5213 10604.7672
May 10702.6408 10424.8295 10547.5129
June 10712.8226 10377.0111 10564.6484
July 10856.7586 10531.0884 10668.1332
August 10727.5943 10391.0383 10580.5367
September 10786.0588 10575.9516 10666.6299
October 10808.9671 10573.2030 10731.5603
November 10892.9286 10571.3895 10769.1990
December 11123.7056 10828.2043 10962.2641