YEARLY HIGH
118.2470 VND
YEARLY LOW
110.1089 VND
YEARLY AVERAGE
113.4301 VND

2023 GYD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 118.2470. Conversely, the yearly low was recorded on February 5, dropping to 110.1089.

This high-to-low spread represents a total annual volatility of 8.1382 VND. From a start-to-finish perspective, comparing the January average rate of 111.9225 to the December average rate of 115.9208, the exchange rate registered a net change of 3.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 118.2470 was down 1.73% compared to the 2022 peak of 120.3348, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 591,235 VND
2022 Average 559,406 VND
Yearly Trough Low 550,544 VND
Transaction Impact: A difference of 40,690.82 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

117.6523
110.3983
JanuMarcMayJulySeptNove

GYD 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 111.5409, compared to 115.3193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7784 points.

H1 Avg (Jan–Jun) 111.5409
H2 Avg (Jul–Dec) 115.3193

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 3.4304 VND (High: 113.5393 / Low: 110.1089). On the other end, May was the most stable month, with a tight range of 0.5349 VND (High: 111.3166 / Low: 110.7817).

February Spread (Volatile) ±3.4304
May Spread (Stable) ±0.5349

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 March and April, when the average rate fell by 0.9903 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.9903

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 116.3546) against the same month in 2022 (average: 118.7612), the exchange rate shifted by -2.4066 (-2.03%).

2023 Avg (November) 116.3546
2022 Avg (November) 118.7612

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 112.9608 111.0394 111.9225
February 113.5393 110.1089 112.0616
March 113.4094 111.2927 112.0295
April 111.6302 110.7299 111.0391
May 111.3166 110.7817 111.0028
June 111.9140 110.6066 111.1898
July 113.6057 111.4680 112.7590
August 115.5564 113.1344 114.0390
September 116.9113 114.8432 115.7947
October 117.6520 115.9226 117.0478
November 118.2470 115.4369 116.3546
December 116.4479 115.3071 115.9208