2023 KRW to VND Historical Review

YEARLY HIGH

19.1851 VND

YEARLY LOW

17.4672 VND

YEARLY AVERAGE

18.2557 VND

2023 KRW to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 19.1851. Conversely, the yearly low was recorded on May 16, dropping to 17.4672.

This high-to-low spread represents a total annual volatility of 1.7179 VND. From a start-to-finish perspective, comparing the January average rate of 18.8900 to the December average rate of 18.6605, the exchange rate registered a net change of -1.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.1851 was down 0.20% compared to the 2022 peak of 19.2235, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95,925,266 VND

2022 Average 90,786,266 VND

Yearly Trough Low 87,336,009 VND

Transaction Impact: A difference of 8,589,256.12 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.0119

17.5494

JanuMarcMayJulySeptNove

KRW 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 18.1740, compared to 18.3374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1634 points.

H1 Avg (Jan–Jun) 18.1740

H2 Avg (Jul–Dec) 18.3374

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.2085 VND (High: 19.1851 / Low: 17.9766). On the other end, May was the most stable month, with a tight range of 0.3699 VND (High: 17.8371 / Low: 17.4672).

February Spread (Volatile) ±1.2085

May Spread (Stable) ±0.3699

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.4061 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 18.4840) against the same month in 2022 (average: 18.9866), the exchange rate shifted by -0.5027 (-2.65%).

2023 Avg (February) 18.4840

2022 Avg (February) 18.9866

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.0773	18.3952	18.8900
February	19.1851	17.9766	18.4840
March	18.3094	17.8700	18.0864
April	18.0109	17.5004	17.7610
May	17.8371	17.4672	17.6712
June	18.5353	17.8110	18.1516
July	18.6862	17.9119	18.4145
August	18.3737	17.7621	18.0352
September	18.4516	17.9642	18.1605
October	18.3285	17.9353	18.1314
November	18.8182	18.2390	18.6224
December	18.8569	18.3921	18.6605