2023 JPY to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 JPY to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the JPY to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 183.2845. Conversely, the yearly low was recorded on November 11, dropping to 160.5345.
This high-to-low spread represents a total annual volatility of 22.7500 VND. From a start-to-finish perspective, comparing the January average rate of 180.3089 to the December average rate of 169.0599, the exchange rate registered a net change of -6.24% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 183.2845 was down 7.94% compared to the 2022 peak of 199.0852, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 JPY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
JPY 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 174.6263, compared to 165.2611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.3652 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 8.4025 VND (High: 171.4705 / Low: 163.0680). On the other end, October was the most stable month, with a tight range of 2.4216 VND (High: 164.7698 / Low: 162.3482).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 4.7145 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 180.3089) against the same month in 2022 (average: 197.7038), the exchange rate shifted by -17.3949 (-8.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 183.2845 | 176.1527 | 180.3089 |
| February | 182.3341 | 174.2866 | 177.5693 |
| March | 179.9151 | 172.1320 | 176.7187 |
| April | 179.2146 | 172.0294 | 175.7400 |
| May | 175.0352 | 166.6771 | 171.0255 |
| June | 169.2889 | 162.7873 | 166.3953 |
| July | 171.4705 | 163.0680 | 167.6362 |
| August | 167.4443 | 162.8609 | 164.8538 |
| September | 165.2059 | 162.7067 | 163.8859 |
| October | 164.7698 | 162.3482 | 163.7041 |
| November | 165.0295 | 160.5345 | 162.4267 |
| December | 172.2077 | 164.6502 | 169.0599 |