2023 NZD to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 NZD to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the NZD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 15461.8599. Conversely, the yearly low was recorded on August 20, dropping to 14114.5689.
This high-to-low spread represents a total annual volatility of 1347.2910 VND. From a start-to-finish perspective, comparing the January average rate of 15033.8000 to the December average rate of 15126.2840, the exchange rate registered a net change of 0.62% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 15461.8599 was down 3.10% compared to the 2022 peak of 15956.5477, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
NZD 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 14684.0553, compared to 14588.3663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 95.6889 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 801.2940 VND (High: 14952.2388 / Low: 14150.9448). On the other end, March was the most stable month, with a tight range of 384.5975 VND (High: 14835.1143 / Low: 14450.5168).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 431.7772 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 15126.2840) against the same month in 2022 (average: 15117.7675), the exchange rate shifted by +8.5165 (+0.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15233.4846 | 14622.5845 | 15033.8000 |
| February | 15278.2807 | 14630.5025 | 14851.2672 |
| March | 14835.1143 | 14450.5168 | 14650.9410 |
| April | 14825.0011 | 14367.0702 | 14574.4467 |
| May | 14952.2388 | 14150.9448 | 14566.7922 |
| June | 14672.7482 | 14190.1933 | 14427.0845 |
| July | 15131.5207 | 14459.7874 | 14724.6469 |
| August | 14545.0199 | 14114.5689 | 14292.8697 |
| September | 14570.4366 | 14124.8428 | 14360.4985 |
| October | 14743.5074 | 14233.2425 | 14432.3394 |
| November | 14936.6847 | 14320.1122 | 14593.5594 |
| December | 15461.8599 | 14839.0248 | 15126.2840 |