2023 QAR to VND Historical Review

YEARLY HIGH

6782.5021 VND

YEARLY LOW

6367.7879 VND

YEARLY AVERAGE

6542.1260 VND

2023 QAR to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 6782.5021. Conversely, the yearly low was recorded on February 5, dropping to 6367.7879.

This high-to-low spread represents a total annual volatility of 414.7142 VND. From a start-to-finish perspective, comparing the January average rate of 6440.5841 to the December average rate of 6662.9649, the exchange rate registered a net change of 3.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6782.5021 was down 0.94% compared to the 2022 peak of 6846.9114, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,912,510 VND

2022 Average 32,122,259 VND

Yearly Trough Low 31,838,940 VND

Transaction Impact: A difference of 2,073,570.81 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6748.6985

6410.0913

JanuMarcMayJulySeptNove

QAR 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 6455.9462, compared to 6628.3058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 172.3596 points.

H1 Avg (Jan–Jun) 6455.9462

H2 Avg (Jul–Dec) 6628.3058

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 191.7874 VND (High: 6559.5753 / Low: 6367.7879). On the other end, May was the most stable month, with a tight range of 12.8776 VND (High: 6450.8688 / Low: 6437.9912).

February Spread (Volatile) ±191.7874

May Spread (Stable) ±12.8776

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 34.8509 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -34.8509

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 6685.6303) against the same month in 2022 (average: 6814.6435), the exchange rate shifted by -129.0133 (-1.89%).

2023 Avg (November) 6685.6303

2022 Avg (November) 6814.6435

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6487.4834	6395.6202	6440.5841
February	6559.5753	6367.7879	6484.2910
March	6539.9767	6400.3876	6472.4394
April	6520.0690	6376.5615	6438.3085
May	6450.8688	6437.9912	6444.5684
June	6475.5562	6415.3143	6455.4859
July	6526.0658	6475.5562	6499.2167
August	6636.8955	6492.2434	6550.1686
September	6701.2303	6601.9054	6651.3730
October	6755.3345	6670.3902	6720.4812
November	6782.5021	6630.9615	6685.6303
December	6690.7233	6634.9693	6662.9649