2023 ILS to VND Historical Review

YEARLY HIGH

6970.9415 VND

YEARLY LOW

6033.7655 VND

YEARLY AVERAGE

6474.2666 VND

2023 ILS to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 6970.9415. Conversely, the yearly low was recorded on October 26, dropping to 6033.7655.

This high-to-low spread represents a total annual volatility of 937.1760 VND. From a start-to-finish perspective, comparing the January average rate of 6815.8144 to the December average rate of 6628.4593, the exchange rate registered a net change of -2.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6970.9415 was down 5.47% compared to the 2022 peak of 7374.2855, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,854,708 VND

2022 Average 34,871,236 VND

Yearly Trough Low 30,168,828 VND

Transaction Impact: A difference of 4,685,880.01 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6881.8408

6089.5240

JanuMarcMayJulySeptNove

ILS 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 6554.9832, compared to 6393.5500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 161.4332 points.

H1 Avg (Jan–Jun) 6554.9832

H2 Avg (Jul–Dec) 6393.5500

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 461.8850 VND (High: 6588.0077 / Low: 6126.1226). On the other end, September was the most stable month, with a tight range of 145.0197 VND (High: 6401.3690 / Low: 6256.3493).

November Spread (Volatile) ±461.8850

September Spread (Stable) ±145.0197

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 191.5901 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -191.5901

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 6815.8144) against the same month in 2022 (average: 7240.5803), the exchange rate shifted by -424.7659 (-5.87%).

2023 Avg (January) 6815.8144

2022 Avg (January) 7240.5803

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6970.9415	6612.3462	6815.8144
February	6916.1075	6485.5484	6674.9321
March	6637.7974	6431.4375	6528.9722
April	6563.0489	6385.5060	6457.1910
May	6479.0910	6290.2409	6393.6931
June	6621.0540	6260.8680	6459.2965
July	6586.7934	6356.2178	6454.6320
August	6514.9981	6273.1579	6374.9420
September	6401.3690	6256.3493	6347.1405
October	6379.3727	6033.7655	6155.5504
November	6588.0077	6126.1226	6400.5758
December	6739.7705	6512.9391	6628.4593