2023 HNL to VND Historical Review

YEARLY HIGH

1002.3886 VND

YEARLY LOW

942.4063 VND

YEARLY AVERAGE

966.4525 VND

2023 HNL to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HNL to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 1002.3886. Conversely, the yearly low was recorded on February 5, dropping to 942.4063.

This high-to-low spread represents a total annual volatility of 59.9823 VND. From a start-to-finish perspective, comparing the January average rate of 951.4968 to the December average rate of 982.6446, the exchange rate registered a net change of 3.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1002.3886 was down 1.56% compared to the 2022 peak of 1018.2288, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,011,943 VND

2022 Average 4,756,382 VND

Yearly Trough Low 4,712,031 VND

Transaction Impact: A difference of 299,911.64 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

995.1422

947.5291

JanuMarcMayJulySeptNove

HNL 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 954.8830, compared to 978.0220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.1390 points.

H1 Avg (Jan–Jun) 954.8830

H2 Avg (Jul–Dec) 978.0220

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 30.1351 VND (High: 972.5413 / Low: 942.4063). On the other end, May was the most stable month, with a tight range of 7.5967 VND (High: 957.8463 / Low: 950.2495).

February Spread (Volatile) ±30.1351

May Spread (Stable) ±7.5967

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 October and November, when the average rate fell by 5.0352 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -5.0352

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 986.1392) against the same month in 2022 (average: 1001.9656), the exchange rate shifted by -15.8264 (-1.58%).

2023 Avg (November) 986.1392

2022 Avg (November) 1001.9656

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	957.7346	949.3689	951.4968
February	972.5413	942.4063	959.2756
March	970.2326	952.3520	958.2756
April	964.4166	952.3520	954.6454
May	957.8463	950.2495	952.8227
June	961.4135	949.4418	952.7817
July	968.0707	953.7823	960.7381
August	982.7097	962.0296	969.5677
September	990.2187	964.2767	977.8678
October	997.6767	981.4059	991.1745
November	1002.3886	976.8505	986.1392
December	987.9401	979.0962	982.6446