2023 INR to VND Historical Review

YEARLY HIGH

296.2831 VND

YEARLY LOW

283.0196 VND

YEARLY AVERAGE

288.6469 VND

2023 INR to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 296.2831. Conversely, the yearly low was recorded on May 22, dropping to 283.0196.

This high-to-low spread represents a total annual volatility of 13.2635 VND. From a start-to-finish perspective, comparing the January average rate of 287.1816 to the December average rate of 291.7227, the exchange rate registered a net change of 1.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 296.2831 was down 4.10% compared to the 2022 peak of 308.9635, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 74,070,774 VND

2022 Average 74,481,904 VND

Yearly Trough Low 70,754,890 VND

Transaction Impact: A difference of 3,315,883.94 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

295.0869

284.1453

JanuMarcMayJulySeptNove

INR 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 286.3267, compared to 290.9670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.6403 points.

H1 Avg (Jan–Jun) 286.3267

H2 Avg (Jul–Dec) 290.9670

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 7.1375 VND (High: 293.2056 / Low: 286.0681). On the other end, April was the most stable month, with a tight range of 1.5603 VND (High: 287.0857 / Low: 285.5255).

August Spread (Volatile) ±7.1375

April Spread (Stable) ±1.5603

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 October and November, when the average rate fell by 1.9673 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.9673

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 294.1751) against the same month in 2022 (average: 295.4680), the exchange rate shifted by -1.2930 (-0.44%).

2023 Avg (October) 294.1751

2022 Avg (October) 295.4680

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	289.5917	284.1665	287.1816
February	288.4291	283.7571	286.1837
March	290.3464	285.0305	287.0145
April	287.0857	285.5255	286.3833
May	286.9947	283.0196	285.0571
June	287.3175	284.2948	286.1400
July	289.3648	286.1007	287.8617
August	293.2056	286.0681	288.1468
September	293.7897	289.0016	291.6882
October	296.2831	292.1938	294.1751
November	295.3762	289.6363	292.2078
December	293.1536	290.4042	291.7227