2023 SRD to VND Historical Review

YEARLY HIGH

747.4139 VND

YEARLY LOW

613.3341 VND

YEARLY AVERAGE

653.5844 VND

2023 SRD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 747.4139. Conversely, the yearly low was recorded on July 31, dropping to 613.3341.

This high-to-low spread represents a total annual volatility of 134.0798 VND. From a start-to-finish perspective, comparing the January average rate of 737.7063 to the December average rate of 649.9905, the exchange rate registered a net change of -11.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 747.4139 was down 33.24% compared to the 2022 peak of 1119.5319, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,737,069 VND

2022 Average 4,930,516 VND

Yearly Trough Low 3,066,670 VND

Transaction Impact: A difference of 670,398.95 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

749.1958

611.3222

JanuMarcMayJulySeptNove

SRD 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 671.9547, compared to 635.2141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 36.7406 points.

H1 Avg (Jan–Jun) 671.9547

H2 Avg (Jul–Dec) 635.2141

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 57.1451 VND (High: 707.7442 / Low: 650.5991). On the other end, November was the most stable month, with a tight range of 11.1522 VND (High: 646.7300 / Low: 635.5778).

March Spread (Volatile) ±57.1451

November Spread (Stable) ±11.1522

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 44.4146 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -44.4146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 737.7063) against the same month in 2022 (average: 1073.2536), the exchange rate shifted by -335.5472 (-31.26%).

2023 Avg (January) 737.7063

2022 Avg (January) 1073.2536

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	747.4139	723.3342	737.7063
February	733.4602	702.7110	720.9522
March	707.7442	650.5991	682.6918
April	656.8588	627.9514	638.2772
May	632.1602	619.7076	628.4034
June	629.6605	613.7919	623.6973
July	640.8306	613.3341	622.8117
August	630.8835	614.3632	623.6758
September	638.4796	624.0152	632.4816
October	647.3751	634.2156	641.7699
November	646.7300	635.5778	640.5556
December	660.4592	640.8610	649.9905