2023 HKD to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 HKD to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the HKD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 3146.4174. Conversely, the yearly low was recorded on April 9, dropping to 2986.9023.
This high-to-low spread represents a total annual volatility of 159.5151 VND. From a start-to-finish perspective, comparing the January average rate of 3001.1177 to the December average rate of 3109.5374, the exchange rate registered a net change of 3.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 3146.4174 was down 1.15% compared to the 2022 peak of 3182.9687, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 HKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
HKD to VND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3001.3597, compared to 3087.4869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 86.1272 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was September, with a trading range of 52.6050 VND (High: 3120.6495 / Low: 3068.0445). On the other end, April was the most stable month, with a tight range of 8.6851 VND (High: 2995.5874 / Low: 2986.9023).
Growth Streaks & Declines
TrendsBetween April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 17.2343 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 3128.6905) against the same month in 2022 (average: 3098.9285), the exchange rate shifted by +29.7620 (+0.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3029.1269 | 2990.8933 | 3001.1177 |
| February | 3036.7710 | 2988.0045 | 3013.6159 |
| March | 3022.8707 | 2991.0630 | 3007.2138 |
| April | 2995.5874 | 2986.9023 | 2989.9795 |
| May | 3003.9981 | 2987.2051 | 2994.2016 |
| June | 3009.5040 | 2994.9966 | 3002.0294 |
| July | 3038.9117 | 3008.6198 | 3026.5477 |
| August | 3082.6821 | 3036.0623 | 3049.7672 |
| September | 3120.6495 | 3068.0445 | 3093.6573 |
| October | 3146.4174 | 3103.4377 | 3128.6905 |
| November | 3143.6666 | 3096.6007 | 3116.7212 |
| December | 3124.7582 | 3102.5253 | 3109.5374 |