2023 MAD to VND Historical Review

YEARLY HIGH

2474.3555 VND

YEARLY LOW

2237.9052 VND

YEARLY AVERAGE

2354.9418 VND

2023 MAD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2474.3555. Conversely, the yearly low was recorded on January 3, dropping to 2237.9052.

This high-to-low spread represents a total annual volatility of 236.4503 VND. From a start-to-finish perspective, comparing the January average rate of 2293.8326 to the December average rate of 2418.6886, the exchange rate registered a net change of 5.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2474.3555 was up 0.28% compared to the 2022 peak of 2467.3484, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,371,778 VND

2022 Average 11,537,851 VND

Yearly Trough Low 11,189,526 VND

Transaction Impact: A difference of 1,182,251.70 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2444.2065

2271.0141

JanuMarcMayJulySeptNove

MAD 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 2309.0243, compared to 2400.8593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 91.8349 points.

H1 Avg (Jan–Jun) 2309.0243

H2 Avg (Jul–Dec) 2400.8593

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 93.2537 VND (High: 2331.1589 / Low: 2237.9052). On the other end, February was the most stable month, with a tight range of 29.0073 VND (High: 2312.5077 / Low: 2283.5003).

January Spread (Volatile) ±93.2537

February Spread (Stable) ±29.0073

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 43.6097 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -43.6097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2418.6886) against the same month in 2022 (average: 2262.0093), the exchange rate shifted by +156.6793 (+6.93%).

2023 Avg (December) 2418.6886

2022 Avg (December) 2262.0093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2331.1589	2237.9052	2293.8326
February	2312.5077	2283.5003	2295.7116
March	2310.6736	2260.0663	2285.4468
April	2369.3911	2295.0613	2317.1587
May	2353.1398	2292.2318	2321.9152
June	2382.2876	2302.3453	2340.0812
July	2460.9831	2382.2876	2429.7738
August	2456.7107	2367.4079	2411.0815
September	2386.4032	2353.4260	2367.4718
October	2395.5324	2352.3022	2383.2823
November	2417.3259	2376.9959	2394.8577
December	2474.3555	2383.6036	2418.6886