2023 RWF to VND Historical Review

YEARLY HIGH

22.1154 VND

YEARLY LOW

19.2089 VND

YEARLY AVERAGE

20.6228 VND

2023 RWF to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 22.1154. Conversely, the yearly low was recorded on December 28, dropping to 19.2089.

This high-to-low spread represents a total annual volatility of 2.9065 VND. From a start-to-finish perspective, comparing the January average rate of 21.8379 to the December average rate of 19.3660, the exchange rate registered a net change of -11.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.1154 was down 6.81% compared to the 2022 peak of 23.7310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 110,577 VND

2022 Average 112,965 VND

Yearly Trough Low 96,045 VND

Transaction Impact: A difference of 14,532.48 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22.0851

19.1188

JanuMarcMayJulySeptNove

RWF 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 21.2995, compared to 19.9461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3534 points.

H1 Avg (Jan–Jun) 21.2995

H2 Avg (Jul–Dec) 19.9461

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.8029 VND (High: 20.8146 / Low: 20.0118). On the other end, August was the most stable month, with a tight range of 0.2628 VND (High: 20.3116 / Low: 20.0489).

June Spread (Volatile) ±0.8029

August Spread (Stable) ±0.2628

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4257 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.4257

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 21.8379) against the same month in 2022 (average: 22.1061), the exchange rate shifted by -0.2682 (-1.21%).

2023 Avg (January) 21.8379

2022 Avg (January) 22.1061

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.1154	21.6721	21.8379
February	22.0448	21.4610	21.7660
March	21.8621	21.1290	21.5778
April	21.3533	20.7103	21.1521
May	21.0783	20.6803	20.9159
June	20.8146	20.0118	20.5470
July	20.4771	19.9501	20.2545
August	20.3116	20.0489	20.1793
September	20.3161	19.8624	20.1302
October	20.1549	19.7516	20.0345
November	20.1048	19.4767	19.7121
December	19.5437	19.2089	19.3660