2023 SGD to VND Historical Review

YEARLY HIGH

18456.9055 VND

YEARLY LOW

17327.2808 VND

YEARLY AVERAGE

17749.1293 VND

2023 SGD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 18456.9055. Conversely, the yearly low was recorded on May 25, dropping to 17327.2808.

This high-to-low spread represents a total annual volatility of 1129.6247 VND. From a start-to-finish perspective, comparing the January average rate of 17718.1299 to the December average rate of 18240.3810, the exchange rate registered a net change of 2.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18456.9055 was up 1.80% compared to the 2022 peak of 18130.3635, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92,284,527 VND

2022 Average 84,903,118 VND

Yearly Trough Low 86,636,404 VND

Transaction Impact: A difference of 5,648,123.45 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18317.9682

17386.9211

JanuMarcMayJulySeptNove

SGD 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 17609.6717, compared to 17888.5869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 278.9152 points.

H1 Avg (Jan–Jun) 17609.6717

H2 Avg (Jul–Dec) 17888.5869

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 463.7301 VND (High: 17899.5116 / Low: 17435.7815). On the other end, April was the most stable month, with a tight range of 187.4913 VND (High: 17732.6907 / Low: 17545.1994).

July Spread (Volatile) ±463.7301

April Spread (Stable) ±187.4913

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 136.3915 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -136.3915

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 18240.3810) against the same month in 2022 (average: 17593.9315), the exchange rate shifted by +646.4494 (+3.67%).

2023 Avg (December) 18240.3810

2022 Avg (December) 17593.9315

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17882.8145	17452.2599	17718.1299
February	17963.9416	17620.3704	17739.3087
March	17695.0333	17445.8682	17602.9173
April	17732.6907	17545.1994	17620.3143
May	17718.9111	17327.2808	17512.8516
June	17606.2660	17378.7122	17464.5084
July	17899.5116	17435.7815	17723.4278
August	17919.2433	17544.1595	17667.8490
September	17886.2522	17627.2732	17767.4548
October	18000.4996	17733.4578	17884.9812
November	18221.4808	17874.1917	18047.4274
December	18456.9055	18049.8019	18240.3810