2023 LRD to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 LRD to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the LRD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 154.9095. Conversely, the yearly low was recorded on August 1, dropping to 127.0299.
This high-to-low spread represents a total annual volatility of 27.8796 VND. From a start-to-finish perspective, comparing the January average rate of 151.0555 to the December average rate of 129.0128, the exchange rate registered a net change of -14.59% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 154.9095 was down 4.30% compared to the 2022 peak of 161.8701, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
LRD 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 144.8934, compared to 129.4129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.4805 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 8.2740 VND (High: 152.9751 / Low: 144.7012). On the other end, December was the most stable month, with a tight range of 1.2154 VND (High: 129.8863 / Low: 128.6709).
Growth Streaks & Declines
TrendsBetween August and October, 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 June and July, when the average rate fell by 5.9024 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 151.1566) against the same month in 2022 (average: 147.9981), the exchange rate shifted by +3.1585 (+2.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 152.9780 | 149.5914 | 151.0555 |
| February | 154.9095 | 149.4069 | 151.1566 |
| March | 152.9751 | 144.7012 | 148.0371 |
| April | 144.7458 | 142.0026 | 143.8845 |
| May | 141.8896 | 138.9120 | 140.5297 |
| June | 138.8793 | 130.7639 | 134.6972 |
| July | 131.2886 | 127.0809 | 128.7948 |
| August | 130.0533 | 127.0299 | 128.1182 |
| September | 130.9384 | 129.1387 | 129.9915 |
| October | 131.5845 | 130.1806 | 131.0059 |
| November | 131.1530 | 128.4043 | 129.5545 |
| December | 129.8863 | 128.6709 | 129.0128 |