2023 MYR to VND Historical Review

YEARLY HIGH

5530.4957 VND

YEARLY LOW

5030.2324 VND

YEARLY AVERAGE

5230.6068 VND

2023 MYR to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MYR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 5530.4957. Conversely, the yearly low was recorded on June 25, dropping to 5030.2324.

This high-to-low spread represents a total annual volatility of 500.2633 VND. From a start-to-finish perspective, comparing the January average rate of 5422.9408 to the December average rate of 5214.1039, the exchange rate registered a net change of -3.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 5530.4957 was down 1.01% compared to the 2022 peak of 5586.8946, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 110,609,915 VND

2022 Average 106,469,870 VND

Yearly Trough Low 100,604,649 VND

Transaction Impact: A difference of 10,005,266.01 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5457.2651

5045.3731

JanuMarcMayJulySeptNove

MYR 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 5283.4868, compared to 5177.7268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 105.7599 points.

H1 Avg (Jan–Jun) 5283.4868

H2 Avg (Jul–Dec) 5177.7268

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 226.8839 VND (High: 5522.7057 / Low: 5295.8217). On the other end, October was the most stable month, with a tight range of 60.1171 VND (High: 5187.6695 / Low: 5127.5524).

February Spread (Volatile) ±226.8839

October Spread (Stable) ±60.1171

Growth Streaks & Declines

Trends

Between June and August, 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 February and March, when the average rate fell by 137.4599 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -137.4599

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 5422.9408) against the same month in 2022 (average: 5420.0698), the exchange rate shifted by +2.8710 (+0.05%).

2023 Avg (January) 5422.9408

2022 Avg (January) 5420.0698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5530.4957	5329.5502	5422.9408
February	5522.7057	5295.8217	5418.0897
March	5327.6644	5234.5855	5280.6298
April	5334.9815	5255.9937	5304.4437
May	5284.9698	5075.1270	5195.1191
June	5134.1920	5030.2324	5079.6974
July	5233.9275	5051.4194	5152.3358
August	5239.0698	5123.2606	5178.1089
September	5206.1099	5144.5961	5175.2099
October	5187.6695	5127.5524	5159.4543
November	5250.8816	5153.7619	5187.1482
December	5281.5893	5166.1032	5214.1039