2023 FKP to VND Historical Review

YEARLY HIGH

31176.7024 VND

YEARLY LOW

27968.3386 VND

YEARLY AVERAGE

29642.0866 VND

2023 FKP to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 31176.7024. Conversely, the yearly low was recorded on January 5, dropping to 27968.3386.

This high-to-low spread represents a total annual volatility of 3208.3638 VND. From a start-to-finish perspective, comparing the January average rate of 28736.0211 to the December average rate of 30758.6837, the exchange rate registered a net change of 7.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 31176.7024 was up 0.08% compared to the 2022 peak of 31153.0338, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 155,883,512 VND

2022 Average 144,584,429 VND

Yearly Trough Low 139,841,693 VND

Transaction Impact: A difference of 16,041,819.02 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

30981.6804

28305.7203

JanuMarcMayJulySeptNove

FKP 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 29019.9932, compared to 30264.1801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1244.1869 points.

H1 Avg (Jan–Jun) 29019.9932

H2 Avg (Jul–Dec) 30264.1801

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1152.0935 VND (High: 31080.3951 / Low: 29928.3015). On the other end, August was the most stable month, with a tight range of 581.5041 VND (High: 30669.9802 / Low: 30088.4761).

July Spread (Volatile) ±1152.0935

August Spread (Stable) ±581.5041

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 311.2333 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -311.2333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 30758.6837) against the same month in 2022 (average: 28961.2890), the exchange rate shifted by +1797.3948 (+6.21%).

2023 Avg (December) 30758.6837

2022 Avg (December) 28961.2890

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29111.7295	27968.3386	28736.0211
February	29048.3314	28240.4217	28528.7170
March	29083.0006	27969.8636	28651.2424
April	29507.2352	28830.7852	29210.3743
May	29637.7042	28913.4456	29278.2358
June	30192.9380	29189.4553	29715.3684
July	31080.3951	29928.3015	30471.6347
August	30669.9802	30088.4761	30316.3499
September	30401.6571	29609.0377	30005.1167
October	30133.4456	29447.7373	29796.6172
November	30815.7959	29728.4626	30236.6782
December	31176.7024	30418.9083	30758.6837