2023 IQD to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 IQD to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the IQD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 18.8965. Conversely, the yearly low was recorded on February 5, dropping to 15.9187.
This high-to-low spread represents a total annual volatility of 2.9778 VND. From a start-to-finish perspective, comparing the January average rate of 16.0782 to the December average rate of 18.5279, the exchange rate registered a net change of 15.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 18.8965 was up 9.59% compared to the 2022 peak of 17.2426, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 IQD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
IQD 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 16.7352, compared to 18.4397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7045 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 1.9107 VND (High: 17.9716 / Low: 16.0609). On the other end, January was the most stable month, with a tight range of 0.1535 VND (High: 16.1919 / Low: 16.0384).
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 October and November, when the average rate fell by 0.0960 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 18.6053) against the same month in 2022 (average: 17.0170), the exchange rate shifted by +1.5883 (+9.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.1919 | 16.0384 | 16.0782 |
| February | 16.4252 | 15.9187 | 16.1998 |
| March | 16.3959 | 16.0710 | 16.1934 |
| April | 17.8548 | 16.0484 | 16.1867 |
| May | 17.9716 | 16.0609 | 17.7993 |
| June | 18.0688 | 17.8718 | 17.9537 |
| July | 18.1938 | 17.9981 | 18.0803 |
| August | 18.4744 | 17.9875 | 18.2255 |
| September | 18.6774 | 18.3519 | 18.4979 |
| October | 18.8049 | 18.5257 | 18.7013 |
| November | 18.8965 | 18.4333 | 18.6053 |
| December | 18.6110 | 18.4304 | 18.5279 |