2023 MOP to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MOP to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MOP to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 3068.6950. Conversely, the yearly low was recorded on February 5, dropping to 2875.0870.
This high-to-low spread represents a total annual volatility of 193.6080 VND. From a start-to-finish perspective, comparing the January average rate of 2913.8983 to the December average rate of 3015.3863, the exchange rate registered a net change of 3.48% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 3068.6950 was down 1.41% compared to the 2022 peak of 3112.5042, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MOP 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 2915.2189, compared to 2998.6218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 83.4029 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 89.8878 VND (High: 2964.9748 / Low: 2875.0870). On the other end, May was the most stable month, with a tight range of 31.1229 VND (High: 2922.6146 / Low: 2891.4917).
Growth Streaks & Declines
TrendsBetween April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 18.1320 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 3029.3350) against the same month in 2022 (average: 3081.1165), the exchange rate shifted by -51.7815 (-1.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2944.1274 | 2904.4082 | 2913.8983 |
| February | 2964.9748 | 2875.0870 | 2925.6084 |
| March | 2959.5325 | 2903.7290 | 2923.8070 |
| April | 2940.8367 | 2896.5271 | 2905.6750 |
| May | 2922.6146 | 2891.4917 | 2907.4648 |
| June | 2934.9496 | 2897.7889 | 2914.8600 |
| July | 2963.4775 | 2920.7786 | 2941.7881 |
| August | 2993.8693 | 2939.8838 | 2961.6197 |
| September | 3036.4563 | 2975.0114 | 3004.2045 |
| October | 3057.8617 | 3006.5671 | 3039.3972 |
| November | 3068.6950 | 3007.7800 | 3029.3350 |
| December | 3034.4583 | 2996.8694 | 3015.3863 |