2023 NAD to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 NAD to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the NAD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 1394.0627. Conversely, the yearly low was recorded on June 1, dropping to 1191.0732.
This high-to-low spread represents a total annual volatility of 202.9895 VND. From a start-to-finish perspective, comparing the January average rate of 1374.2266 to the December average rate of 1299.9211, the exchange rate registered a net change of -5.41% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 1394.0627 was down 11.37% compared to the 2022 peak of 1572.9202, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
NAD 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 1294.3858, compared to 1285.2231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.1626 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 116.8151 VND (High: 1334.6635 / Low: 1217.8484). On the other end, January was the most stable month, with a tight range of 37.0366 VND (High: 1394.0627 / Low: 1357.0261).
Growth Streaks & Declines
TrendsBetween May and July, 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 April and May, when the average rate fell by 61.1256 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 1374.2266) against the same month in 2022 (average: 1464.8486), the exchange rate shifted by -90.6220 (-6.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1394.0627 | 1357.0261 | 1374.2266 |
| February | 1377.2696 | 1290.1737 | 1323.1654 |
| March | 1313.4787 | 1272.1383 | 1291.4447 |
| April | 1323.5152 | 1266.0184 | 1291.3479 |
| May | 1284.3965 | 1191.3531 | 1230.2223 |
| June | 1294.2474 | 1191.0732 | 1255.9078 |
| July | 1343.9522 | 1254.5919 | 1297.4215 |
| August | 1308.9198 | 1201.4298 | 1266.8796 |
| September | 1300.9721 | 1251.9042 | 1276.7649 |
| October | 1306.3598 | 1216.4878 | 1271.9827 |
| November | 1334.6635 | 1217.8484 | 1298.3691 |
| December | 1332.6138 | 1270.3639 | 1299.9211 |