2023 JOD to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |