2023 GTQ to VND Historical Review

YEARLY HIGH

3155.5684 VND

YEARLY LOW

2959.6702 VND

YEARLY AVERAGE

3044.2029 VND

2023 GTQ to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 3155.5684. Conversely, the yearly low was recorded on February 5, dropping to 2959.6702.

This high-to-low spread represents a total annual volatility of 195.8982 VND. From a start-to-finish perspective, comparing the January average rate of 2990.4145 to the December average rate of 3100.5272, the exchange rate registered a net change of 3.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3155.5684 was down 1.94% compared to the 2022 peak of 3218.1314, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,777,842 VND

2022 Average 15,099,997 VND

Yearly Trough Low 14,798,351 VND

Transaction Impact: A difference of 979,491.15 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3136.3474

2977.1479

JanuMarcMayJulySeptNove

GTQ 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 3010.1024, compared to 3078.3033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 68.2009 points.

H1 Avg (Jan–Jun) 3010.1024

H2 Avg (Jul–Dec) 3078.3033

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 101.8713 VND (High: 3061.5415 / Low: 2959.6702). On the other end, May was the most stable month, with a tight range of 22.3666 VND (High: 3017.2256 / Low: 2994.8590).

February Spread (Volatile) ±101.8713

May Spread (Stable) ±22.3666

Growth Streaks & Declines

Trends

Between June and October, 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 March and April, when the average rate fell by 16.8290 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -16.8290

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 3110.4652) against the same month in 2022 (average: 3179.8881), the exchange rate shifted by -69.4229 (-2.18%).

2023 Avg (November) 3110.4652

2022 Avg (November) 3179.8881

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3011.5346	2983.0725	2990.4145
February	3061.5415	2959.6702	3019.3199
March	3067.9761	3011.7970	3029.5096
April	3046.6284	3003.4907	3012.6807
May	3017.2256	2994.8590	3007.3046
June	3018.9582	2987.5993	3001.3850
July	3046.9238	3004.9892	3018.5294
August	3080.0703	3009.2419	3038.1300
September	3107.9963	3051.1723	3079.0874
October	3142.0305	3085.5259	3123.0808
November	3155.5684	3084.6513	3110.4652
December	3117.2644	3084.3054	3100.5272