2023 MXN to VND Historical Review

YEARLY HIGH

1439.7439 VND

YEARLY LOW

1212.2261 VND

YEARLY AVERAGE

1345.9921 VND

2023 MXN to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 1439.7439. Conversely, the yearly low was recorded on January 1, dropping to 1212.2261.

This high-to-low spread represents a total annual volatility of 227.5178 VND. From a start-to-finish perspective, comparing the January average rate of 1237.6948 to the December average rate of 1414.7495, the exchange rate registered a net change of 14.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1439.7439 was up 11.85% compared to the 2022 peak of 1287.2511, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 71,987,195 VND

2022 Average 58,254,355 VND

Yearly Trough Low 60,611,307 VND

Transaction Impact: A difference of 11,375,887.90 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1432.4550

1219.9893

JanuMarcMayJulySeptNove

MXN 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 1296.4423, compared to 1395.5419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 99.0995 points.

H1 Avg (Jan–Jun) 1296.4423

H2 Avg (Jul–Dec) 1395.5419

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 80.6837 VND (High: 1321.2412 / Low: 1240.5576). On the other end, April was the most stable month, with a tight range of 25.3083 VND (High: 1306.7837 / Low: 1281.4755).

March Spread (Volatile) ±80.6837

April Spread (Stable) ±25.3083

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 46.8980 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -46.8980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 1405.3381) against the same month in 2022 (average: 1162.5735), the exchange rate shifted by +242.7646 (+20.88%).

2023 Avg (August) 1405.3381

2022 Avg (August) 1162.5735

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1255.8722	1212.2261	1237.6948
February	1298.3176	1224.8878	1271.8912
March	1321.2412	1240.5576	1282.7624
April	1306.7837	1281.4755	1299.0142
May	1344.3909	1305.2993	1323.7405
June	1377.5925	1336.8659	1363.5508
July	1420.1796	1376.2690	1398.4479
August	1439.7439	1370.4281	1405.3381
September	1428.8807	1367.2437	1400.5976
October	1395.9740	1334.6508	1353.6996
November	1418.1732	1368.5668	1400.4185
December	1439.1733	1388.4288	1414.7495