YEARLY HIGH
1.1043 VND
YEARLY LOW
1.0266 VND
YEARLY AVERAGE
1.0553 VND

2023 STD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 1.1043. Conversely, the yearly low was recorded on January 17, dropping to 1.0266.

This high-to-low spread represents a total annual volatility of 0.0778 VND. From a start-to-finish perspective, comparing the January average rate of 1.0283 to the December average rate of 1.0899, the exchange rate registered a net change of 5.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1043 was up 1.33% compared to the 2022 peak of 1.0899, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,522 VND
2022 Average 5,281 VND
Yearly Trough Low 5,133 VND
Transaction Impact: A difference of 388.82 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1058
1.0210
JanuMarcMayJulySeptNove

STD 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: JanтАУJun) was 1.0308, compared to 1.0798 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0490 points.

H1 Avg (JanтАУJun) 1.0308
H2 Avg (JulтАУDec) 1.0798

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0304 VND (High: 1.0634 / Low: 1.0330). On the other end, May was the most stable month, with a tight range of 0.0023 VND (High: 1.0293 / Low: 1.0270).

July Spread (Volatile) ┬▒0.0304
May Spread (Stable) ┬▒0.0023

Growth Streaks & Declines

Trends

Between May and October, 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 October and November, when the average rate fell by 0.0068 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.0988) against the same month in 2022 (average: 1.0622), the exchange rate shifted by +0.0366 (+3.44%).

2023 Avg (October) 1.0988
2022 Avg (October) 1.0622

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 1.0355 1.0266 1.0283
February 1.0441 1.0274 1.0361
March 1.0395 1.0287 1.0341
April 1.0302 1.0273 1.0283
May 1.0293 1.0270 1.0281
June 1.0330 1.0287 1.0302
July 1.0634 1.0330 1.0399
August 1.0856 1.0632 1.0713
September 1.0950 1.0797 1.0871
October 1.1043 1.0908 1.0988
November 1.1036 1.0834 1.0920
December 1.0933 1.0874 1.0899