2023 PYG to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 PYG to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the PYG to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 3.3610. Conversely, the yearly low was recorded on January 23, dropping to 3.1503.
This high-to-low spread represents a total annual volatility of 0.2106 VND. From a start-to-finish perspective, comparing the January average rate of 3.1818 to the December average rate of 3.3003, the exchange rate registered a net change of 3.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 3.3610 was down 4.39% compared to the 2022 peak of 3.5152, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PYG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
PYG 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 3.2474, compared to 3.2939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0465 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 0.1060 VND (High: 3.2852 / Low: 3.1791). On the other end, June was the most stable month, with a tight range of 0.0341 VND (High: 3.2632 / Low: 3.2291).
Growth Streaks & Declines
TrendsBetween June and September, 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 October and November, when the average rate fell by 0.0499 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 3.3296) against the same month in 2022 (average: 3.3951), the exchange rate shifted by -0.0654 (-1.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.2231 | 3.1503 | 3.1818 |
| February | 3.2852 | 3.1791 | 3.2388 |
| March | 3.3185 | 3.2470 | 3.2837 |
| April | 3.2996 | 3.2271 | 3.2786 |
| May | 3.2812 | 3.2371 | 3.2585 |
| June | 3.2632 | 3.2291 | 3.2431 |
| July | 3.2836 | 3.2420 | 3.2578 |
| August | 3.3262 | 3.2555 | 3.2823 |
| September | 3.3610 | 3.3040 | 3.3296 |
| October | 3.3552 | 3.2881 | 3.3216 |
| November | 3.3090 | 3.2453 | 3.2717 |
| December | 3.3353 | 3.2636 | 3.3003 |