2023 RSD to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 RSD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |