YEARLY HIGH
185.7814 VND
YEARLY LOW
176.8798 VND
YEARLY AVERAGE
180.4557 VND

2023 NPR to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 185.7814. Conversely, the yearly low was recorded on May 22, dropping to 176.8798.

This high-to-low spread represents a total annual volatility of 8.9016 VND. From a start-to-finish perspective, comparing the January average rate of 179.2738 to the December average rate of 182.1576, the exchange rate registered a net change of 1.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 185.7814 was down 3.98% compared to the 2022 peak of 193.4720, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 928,907 VND
2022 Average 931,322 VND
Yearly Trough Low 884,399 VND
Transaction Impact: A difference of 44,508.06 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

184.6048
177.6625
JanuMarcMayJulySeptNove

NPR 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 178.9725, compared to 181.9389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9664 points.

H1 Avg (Jan–Jun) 178.9725
H2 Avg (Jul–Dec) 181.9389

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 4.6266 VND (High: 185.7814 / Low: 181.1548). On the other end, December was the most stable month, with a tight range of 2.0819 VND (High: 183.3511 / Low: 181.2692).

November Spread (Volatile) ±4.6266
December Spread (Stable) ±2.0819

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 1.2394 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.2394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 182.7869) against the same month in 2022 (average: 190.0310), the exchange rate shifted by -7.2442 (-3.81%).

2023 Avg (November) 182.7869
2022 Avg (November) 190.0310

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 180.7248 177.3677 179.2738
February 180.8214 177.4549 178.9468
March 181.3559 177.8518 179.4501
April 181.6767 178.1442 179.1176
May 179.6334 176.8798 178.2411
June 180.4661 177.5934 178.8059
July 180.8956 178.5755 180.1161
August 182.7517 178.5458 180.1570
September 184.3832 180.7914 182.3896
October 184.9818 182.5290 184.0263
November 185.7814 181.1548 182.7869
December 183.3511 181.2692 182.1576