2023 PGK to VND Historical Review

YEARLY HIGH

6790.3345 VND

YEARLY LOW

6407.0735 VND

YEARLY AVERAGE

6619.5705 VND

2023 PGK to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 6790.3345. Conversely, the yearly low was recorded on November 24, dropping to 6407.0735.

This high-to-low spread represents a total annual volatility of 383.2610 VND. From a start-to-finish perspective, comparing the January average rate of 6661.8544 to the December average rate of 6491.7903, the exchange rate registered a net change of -2.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6790.3345 was down 4.92% compared to the 2022 peak of 7141.6020, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,951,673 VND

2022 Average 33,185,168 VND

Yearly Trough Low 32,035,367 VND

Transaction Impact: A difference of 1,916,305.21 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6723.6456

6463.8313

JanuMarcMayJulySeptNove

PGK 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 6663.5828, compared to 6575.5582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 88.0246 points.

H1 Avg (Jan–Jun) 6663.5828

H2 Avg (Jul–Dec) 6575.5582

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 267.0561 VND (High: 6779.1193 / Low: 6512.0632). On the other end, January was the most stable month, with a tight range of 65.9729 VND (High: 6710.1294 / Low: 6644.1565).

August Spread (Volatile) ±267.0561

January Spread (Stable) ±65.9729

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 119.8567 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -119.8567

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 6701.9944) against the same month in 2022 (average: 6492.2600), the exchange rate shifted by +209.7344 (+3.23%).

2023 Avg (March) 6701.9944

2022 Avg (March) 6492.2600

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6710.1294	6644.1565	6661.8544
February	6757.8125	6604.2102	6700.9749
March	6790.3345	6589.9835	6701.9944
April	6727.6466	6577.0110	6655.9280
May	6670.4545	6530.4436	6643.2389
June	6698.1534	6508.6434	6617.5063
July	6726.5625	6534.9273	6625.5195
August	6779.1193	6512.0632	6598.5400
September	6736.7738	6564.2644	6646.6775
October	6673.0243	6524.5944	6605.3392
November	6621.5669	6407.0735	6485.4825
December	6538.2978	6418.2205	6491.7903