YEARLY HIGH
34690.9618 VND
YEARLY LOW
33031.9916 VND
YEARLY AVERAGE
33607.1010 VND

2023 JOD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 34690.9618. Conversely, the yearly low was recorded on January 23, dropping to 33031.9916.

This high-to-low spread represents a total annual volatility of 1658.9703 VND. From a start-to-finish perspective, comparing the January average rate of 33082.2999 to the December average rate of 34230.2144, the exchange rate registered a net change of 3.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 34690.9618 was down 1.12% compared to the 2022 peak of 35084.6262, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 173,454,809 VND
2022 Average 165,067,957 VND
Yearly Trough Low 165,159,958 VND
Transaction Impact: A difference of 8,294,851.29 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

34653.8142
32931.6709
JanuMarcMayJulySeptNove

JOD 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 33164.2774, compared to 34049.9246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 885.6471 points.

H1 Avg (Jan–Jun) 33164.2774
H2 Avg (Jul–Dec) 34049.9246

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 708.7313 VND (High: 34156.5271 / Low: 33447.7958). On the other end, May was the most stable month, with a tight range of 83.0781 VND (High: 33122.0689 / Low: 33038.9908).

August Spread (Volatile) ±708.7313
May Spread (Stable) ±83.0781

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 208.8310 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -208.8310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 34510.3022) against the same month in 2022 (average: 34306.5586), the exchange rate shifted by +203.7436 (+0.59%).

2023 Avg (October) 34510.3022
2022 Avg (October) 34306.5586

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33321.7194 33031.9916 33082.2999
February 33590.9079 33055.2696 33331.4112
March 33443.7553 33097.9634 33267.6033
April 33144.6497 33051.3957 33084.9171
May 33122.0689 33038.9908 33075.1828
June 33231.1487 33097.9634 33144.2501
July 33489.3112 33231.1487 33361.1098
August 34156.5271 33447.7958 33713.6517
September 34430.7199 33971.6232 34182.7980
October 34690.9618 34251.3071 34510.3022
November 34664.7521 34028.7782 34301.4712
December 34343.9737 34151.1948 34230.2144