2023 PLN to VND Historical Review

YEARLY HIGH

6261.9182 VND

YEARLY LOW

5275.1973 VND

YEARLY AVERAGE

5684.0663 VND

2023 PLN to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 6261.9182. Conversely, the yearly low was recorded on February 12, dropping to 5275.1973.

This high-to-low spread represents a total annual volatility of 986.7209 VND. From a start-to-finish perspective, comparing the January average rate of 5415.0371 to the December average rate of 6123.1364, the exchange rate registered a net change of 13.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6261.9182 was up 8.62% compared to the 2022 peak of 5765.0628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 125,238,364 VND

2022 Average 105,286,022 VND

Yearly Trough Low 105,503,946 VND

Transaction Impact: A difference of 19,734,418.01 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6201.9833

5255.8213

JanuMarcMayJulySeptNove

PLN 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 5502.8667, compared to 5865.2659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 362.3992 points.

H1 Avg (Jan–Jun) 5502.8667

H2 Avg (Jul–Dec) 5865.2659

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 390.1142 VND (High: 5667.3615 / Low: 5277.2473). On the other end, August was the most stable month, with a tight range of 119.9552 VND (High: 5900.3577 / Low: 5780.4025).

January Spread (Volatile) ±390.1142

August Spread (Stable) ±119.9552

Growth Streaks & Declines

Trends

Between February and July, 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 August and September, when the average rate fell by 218.0528 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -218.0528

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 6123.1364) against the same month in 2022 (average: 5384.1826), the exchange rate shifted by +738.9538 (+13.72%).

2023 Avg (December) 6123.1364

2022 Avg (December) 5384.1826

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5667.3615	5277.2473	5415.0371
February	5490.9683	5275.1973	5334.6681
March	5475.9676	5303.4097	5386.9904
April	5655.8713	5421.9126	5547.3870
May	5705.0973	5549.1310	5615.8626
June	5827.0499	5590.9769	5717.2547
July	5985.8549	5760.6303	5887.3261
August	5900.3577	5780.4025	5840.6328
September	5810.9372	5532.2961	5622.5801
October	5885.6150	5515.8796	5736.0943
November	6174.1717	5825.1614	5981.8256
December	6261.9182	6022.0869	6123.1364