2023 PEN to VND Historical Review

YEARLY HIGH

6643.6713 VND

YEARLY LOW

6009.9326 VND

YEARLY AVERAGE

6374.5608 VND

2023 PEN to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 6643.6713. Conversely, the yearly low was recorded on January 26, dropping to 6009.9326.

This high-to-low spread represents a total annual volatility of 633.7387 VND. From a start-to-finish perspective, comparing the January average rate of 6139.1017 to the December average rate of 6500.0913, the exchange rate registered a net change of 5.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6643.6713 was up 2.00% compared to the 2022 peak of 6513.7058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,218,357 VND

2022 Average 30,538,799 VND

Yearly Trough Low 30,049,663 VND

Transaction Impact: A difference of 3,168,693.48 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6618.9163

6095.4822

JanuMarcMayJulySeptNove

PEN 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 6269.5326, compared to 6479.5890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 210.0564 points.

H1 Avg (Jan–Jun) 6269.5326

H2 Avg (Jul–Dec) 6479.5890

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 243.3126 VND (High: 6547.5064 / Low: 6304.1938). On the other end, October was the most stable month, with a tight range of 99.2404 VND (High: 6436.2038 / Low: 6336.9634).

November Spread (Volatile) ±243.3126

October Spread (Stable) ±99.2404

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 127.3948 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -127.3948

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 6575.2968) against the same month in 2022 (average: 6002.3800), the exchange rate shifted by +572.9168 (+9.54%).

2023 Avg (July) 6575.2968

2022 Avg (July) 6002.3800

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6229.0942	6009.9326	6139.1017
February	6260.8221	6030.0307	6162.3726
March	6314.6299	6193.3063	6249.0822
April	6374.8757	6195.7418	6247.0940
May	6430.7594	6320.8520	6370.2400
June	6521.7884	6348.5349	6449.3053
July	6643.6713	6494.7438	6575.2968
August	6569.4576	6393.5242	6466.0769
September	6578.7386	6399.3256	6505.1309
October	6436.2038	6336.9634	6377.7362
November	6547.5064	6304.1938	6453.2020
December	6598.8130	6410.3880	6500.0913