2023 GMD to VND Historical Review

YEARLY HIGH

400.7214 VND

YEARLY LOW

358.9593 VND

YEARLY AVERAGE

383.1368 VND

2023 GMD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 400.7214. Conversely, the yearly low was recorded on November 21, dropping to 358.9593.

This high-to-low spread represents a total annual volatility of 41.7621 VND. From a start-to-finish perspective, comparing the January average rate of 378.3899 to the December average rate of 360.5520, the exchange rate registered a net change of -4.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 400.7214 was down 7.70% compared to the 2022 peak of 434.1329, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,003,607 VND

2022 Average 2,116,308 VND

Yearly Trough Low 1,794,797 VND

Transaction Impact: A difference of 208,810.26 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

400.3027

356.9382

JanuMarcMayJulySeptNove

GMD 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 386.2239, compared to 380.0498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.1741 points.

H1 Avg (Jan–Jun) 386.2239

H2 Avg (Jul–Dec) 380.0498

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 26.6649 VND (High: 400.7214 / Low: 374.0565). On the other end, June was the most stable month, with a tight range of 2.3467 VND (High: 396.5459 / Low: 394.1993).

September Spread (Volatile) ±26.6649

June Spread (Stable) ±2.3467

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 19.0050 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -19.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 392.1405) against the same month in 2022 (average: 430.9417), the exchange rate shifted by -38.8011 (-9.00%).

2023 Avg (September) 392.1405

2022 Avg (September) 430.9417

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	383.4762	375.3407	378.3899
February	390.4597	380.6723	387.0382
March	388.8069	377.6692	384.5166
April	391.4249	376.4012	379.5251
May	394.3845	389.5251	392.5700
June	396.5459	394.1993	395.3035
July	398.9474	394.7980	396.6890
August	397.7345	391.4222	393.9853
September	400.7214	374.0565	392.1405
October	377.5492	371.7057	373.1355
November	378.0350	358.9593	363.7964
December	362.3645	359.6774	360.5520