2023 RON to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 RON to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the RON to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 5438.9019. Conversely, the yearly low was recorded on January 5, dropping to 5011.3242.
This high-to-low spread represents a total annual volatility of 427.5777 VND. From a start-to-finish perspective, comparing the January average rate of 5138.3970 to the December average rate of 5335.8102, the exchange rate registered a net change of 3.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 5438.9019 was up 3.30% compared to the 2022 peak of 5265.0122, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
RON 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 5154.2859, compared to 5268.4226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 114.1366 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 227.2458 VND (High: 5238.5700 / Low: 5011.3242). On the other end, September was the most stable month, with a tight range of 102.7354 VND (High: 5255.1332 / Low: 5152.3977).
Growth Streaks & Declines
TrendsBetween October and December, 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 August and September, when the average rate fell by 61.1179 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 5335.8102) against the same month in 2022 (average: 5119.9068), the exchange rate shifted by +215.9034 (+4.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5238.5700 | 5011.3242 | 5138.3970 |
| February | 5260.5462 | 5094.5558 | 5155.3337 |
| March | 5197.7649 | 5071.8562 | 5129.9550 |
| April | 5266.2553 | 5125.5786 | 5211.3346 |
| May | 5270.0438 | 5064.3422 | 5151.4096 |
| June | 5207.0124 | 5058.9103 | 5139.2857 |
| July | 5382.4681 | 5187.2591 | 5294.9931 |
| August | 5337.6648 | 5233.0086 | 5268.6999 |
| September | 5255.1332 | 5152.3977 | 5207.5820 |
| October | 5281.5174 | 5131.8006 | 5207.4603 |
| November | 5365.3303 | 5221.7439 | 5295.9898 |
| December | 5438.9019 | 5251.2471 | 5335.8102 |