2023 GNF to VND Historical Review

YEARLY HIGH

2.8713 VND

YEARLY LOW

2.6659 VND

YEARLY AVERAGE

2.7656 VND

2023 GNF to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 2.8713. Conversely, the yearly low was recorded on January 27, dropping to 2.6659.

This high-to-low spread represents a total annual volatility of 0.2054 VND. From a start-to-finish perspective, comparing the January average rate of 2.7081 to the December average rate of 2.8231, the exchange rate registered a net change of 4.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8713 was down 1.67% compared to the 2022 peak of 2.9202, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,357 VND

2022 Average 13,298 VND

Yearly Trough Low 13,330 VND

Transaction Impact: A difference of 1,027.17 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8605

2.6943

JanuMarcMayJulySeptNove

GNF 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 2.7254, compared to 2.8059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0804 points.

H1 Avg (Jan–Jun) 2.7254

H2 Avg (Jul–Dec) 2.8059

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1030 VND (High: 2.7843 / Low: 2.6813). On the other end, May was the most stable month, with a tight range of 0.0233 VND (High: 2.7327 / Low: 2.7093).

February Spread (Volatile) ±0.1030

May Spread (Stable) ±0.0233

Growth Streaks & Declines

Trends

Between May and October, 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 October and November, when the average rate fell by 0.0173 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.8293) against the same month in 2022 (average: 2.8612), the exchange rate shifted by -0.0319 (-1.11%).

2023 Avg (November) 2.8293

2022 Avg (November) 2.8612

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7418	2.6659	2.7081
February	2.7843	2.6813	2.7356
March	2.7787	2.6960	2.7330
April	2.7582	2.7093	2.7290
May	2.7327	2.7093	2.7208
June	2.7463	2.7132	2.7260
July	2.7641	2.7257	2.7489
August	2.8173	2.7425	2.7720
September	2.8484	2.7933	2.8152
October	2.8670	2.8220	2.8467
November	2.8713	2.8027	2.8293
December	2.8427	2.8109	2.8231