YEARLY HIGH
230.9257 VND
YEARLY LOW
210.5529 VND
YEARLY AVERAGE
219.8843 VND

2023 RSD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 230.9257. Conversely, the yearly low was recorded on January 5, dropping to 210.5529.

This high-to-low spread represents a total annual volatility of 20.3728 VND. From a start-to-finish perspective, comparing the January average rate of 215.7011 to the December average rate of 226.2641, the exchange rate registered a net change of 4.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 230.9257 was up 4.42% compared to the 2022 peak of 221.1519, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,154,628 VND
2022 Average 1,049,189 VND
Yearly Trough Low 1,052,764 VND
Transaction Impact: A difference of 101,863.89 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

227.3300
214.5382
JanuMarcMayJulySeptNove

RSD 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 216.9104, compared to 222.8583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.9479 points.

H1 Avg (Jan–Jun) 216.9104
H2 Avg (Jul–Dec) 222.8583

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 8.3189 VND (High: 230.9257 / Low: 222.6068). On the other end, September was the most stable month, with a tight range of 3.8120 VND (High: 222.3408 / Low: 218.5288).

December Spread (Volatile) ±8.3189
September Spread (Stable) ±3.8120

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 2.0997 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.0997

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 226.2641) against the same month in 2022 (average: 214.7638), the exchange rate shifted by +11.5003 (+5.35%).

2023 Avg (December) 226.2641
2022 Avg (December) 214.7638

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 218.1419 210.5529 215.7011
February 219.9631 213.8183 215.6869
March 218.2383 212.6460 215.6042
April 222.2821 216.8537 219.5445
May 221.5335 214.2672 217.4449
June 220.3170 214.3601 217.4807
July 226.7210 219.5101 223.1875
August 224.8693 220.2498 222.0464
September 222.3408 218.5288 220.5108
October 224.0297 217.6397 220.5972
November 227.4169 221.7385 224.5437
December 230.9257 222.6068 226.2641