YEARLY HIGH
1930.9110 VND
YEARLY LOW
1657.5269 VND
YEARLY AVERAGE
1774.6035 VND

2023 SCR to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 1930.9110. Conversely, the yearly low was recorded on January 26, dropping to 1657.5269.

This high-to-low spread represents a total annual volatility of 273.3841 VND. From a start-to-finish perspective, comparing the January average rate of 1733.9438 to the December average rate of 1808.1210, the exchange rate registered a net change of 4.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1930.9110 was down 1.67% compared to the 2022 peak of 1963.7907, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,654,555 VND
2022 Average 8,647,693 VND
Yearly Trough Low 8,287,634 VND
Transaction Impact: A difference of 1,366,920.33 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1856.5811
1703.7551
JanuMarcMayJulySeptNove

SCR 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 1737.9609, compared to 1811.2461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 73.2852 points.

H1 Avg (Jan–Jun) 1737.9609
H2 Avg (Jul–Dec) 1811.2461

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 172.9969 VND (High: 1830.5238 / Low: 1657.5269). On the other end, August was the most stable month, with a tight range of 79.8868 VND (High: 1834.2065 / Low: 1754.3197).

January Spread (Volatile) ±172.9969
August Spread (Stable) ±79.8868

Growth Streaks & Declines

Trends

Between June and September, 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 May and June, when the average rate fell by 22.4016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -22.4016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1837.7841) against the same month in 2022 (average: 1822.3940), the exchange rate shifted by +15.3901 (+0.84%).

2023 Avg (October) 1837.7841
2022 Avg (October) 1822.3940

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1830.5238 1657.5269 1733.9438
February 1828.9682 1664.7706 1746.0909
March 1816.2300 1683.2151 1754.4676
April 1820.4218 1670.8377 1737.8800
May 1788.8863 1668.5035 1738.8923
June 1795.8557 1661.5089 1716.4906
July 1815.6331 1669.5764 1770.9688
August 1834.2065 1754.3197 1785.0407
September 1908.1493 1790.5491 1843.8456
October 1930.9110 1758.6933 1837.7841
November 1862.7739 1765.9626 1821.7164
December 1880.7964 1734.4035 1808.1210