2023 SBD to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SBD to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SBD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 2926.9648. Conversely, the yearly low was recorded on July 6, dropping to 2792.9188.
This high-to-low spread represents a total annual volatility of 134.0459 VND. From a start-to-finish perspective, comparing the January average rate of 2839.7899 to the December average rate of 2871.3222, the exchange rate registered a net change of 1.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 2926.9648 was down 3.71% compared to the 2022 peak of 3039.7134, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SBD 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 2841.5469, compared to 2870.4826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 28.9357 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 70.2344 VND (High: 2920.9657 / Low: 2850.7313). On the other end, May was the most stable month, with a tight range of 14.3501 VND (High: 2827.0945 / Low: 2812.7444).
Growth Streaks & Declines
TrendsBetween May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 37.8410 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 2903.1638) against the same month in 2022 (average: 2978.2460), the exchange rate shifted by -75.0822 (-2.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2857.3447 | 2824.4656 | 2839.7899 |
| February | 2893.1077 | 2844.2204 | 2872.0884 |
| March | 2887.5737 | 2841.6014 | 2868.1606 |
| April | 2852.8014 | 2814.4600 | 2830.3195 |
| May | 2827.0945 | 2812.7444 | 2818.1593 |
| June | 2830.1719 | 2811.3132 | 2820.7639 |
| July | 2839.4748 | 2792.9188 | 2828.2627 |
| August | 2890.2079 | 2830.8850 | 2852.2324 |
| September | 2915.2424 | 2847.4967 | 2883.8671 |
| October | 2926.9648 | 2877.1431 | 2903.1638 |
| November | 2920.9657 | 2850.7313 | 2884.0475 |
| December | 2891.8094 | 2858.7101 | 2871.3222 |