2023 JMD to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 JMD to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the JMD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 159.6045. Conversely, the yearly low was recorded on February 5, dropping to 150.3778.
This high-to-low spread represents a total annual volatility of 9.2267 VND. From a start-to-finish perspective, comparing the January average rate of 153.5250 to the December average rate of 156.3521, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 159.6045 was down 2.81% compared to the 2022 peak of 164.2150, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
JMD 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 153.4950, compared to 155.9175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4225 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 4.8455 VND (High: 155.2233 / Low: 150.3778). On the other end, July was the most stable month, with a tight range of 1.8835 VND (High: 154.6556 / Low: 152.7721).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 1.9942 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 156.6382) against the same month in 2022 (average: 161.5270), the exchange rate shifted by -4.8888 (-3.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 156.5031 | 152.0985 | 153.5250 |
| February | 155.2233 | 150.3778 | 153.3149 |
| March | 157.7365 | 153.8507 | 155.3897 |
| April | 156.0468 | 152.8474 | 154.2684 |
| May | 153.5430 | 151.2098 | 152.2742 |
| June | 153.3779 | 151.2547 | 152.1980 |
| July | 154.6556 | 152.7721 | 153.3843 |
| August | 156.5232 | 152.4482 | 154.3796 |
| September | 158.0577 | 155.6683 | 156.7475 |
| October | 159.2275 | 156.4716 | 158.0036 |
| November | 159.6045 | 155.2392 | 156.6382 |
| December | 157.1778 | 155.1593 | 156.3521 |