2023 LKR to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 LKR to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the LKR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 80.9024. Conversely, the yearly low was recorded on February 5, dropping to 63.6530.
This high-to-low spread represents a total annual volatility of 17.2494 VND. From a start-to-finish perspective, comparing the January average rate of 64.1741 to the December average rate of 74.3238, the exchange rate registered a net change of 15.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 80.9024 was down 28.77% compared to the 2022 peak of 113.5821, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
LKR 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 71.0063, compared to 74.5302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5239 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 8.6437 VND (High: 73.5164 / Low: 64.8727). On the other end, October was the most stable month, with a tight range of 0.8851 VND (High: 75.6800 / Low: 74.7949).
Growth Streaks & Declines
TrendsBetween January and June, 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 June and July, when the average rate fell by 3.5960 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 77.7401) against the same month in 2022 (average: 64.5632), the exchange rate shifted by +13.1769 (+20.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 64.6576 | 63.6997 | 64.1741 |
| February | 65.6618 | 63.6530 | 64.7784 |
| March | 73.5164 | 64.8727 | 70.6623 |
| April | 74.2115 | 71.1542 | 72.9022 |
| May | 79.9210 | 73.2746 | 75.7809 |
| June | 80.9024 | 73.4506 | 77.7401 |
| July | 77.4504 | 71.2531 | 74.1441 |
| August | 75.2536 | 73.2824 | 74.1855 |
| September | 75.4311 | 74.3839 | 74.9526 |
| October | 75.6800 | 74.7949 | 75.3408 |
| November | 75.2406 | 73.4985 | 74.2346 |
| December | 75.2608 | 73.8314 | 74.3238 |