2023 SVC to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SVC to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SVC to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 2827.3435. Conversely, the yearly low was recorded on February 5, dropping to 2655.2540.
This high-to-low spread represents a total annual volatility of 172.0896 VND. From a start-to-finish perspective, comparing the January average rate of 2682.1396 to the December average rate of 2772.4417, the exchange rate registered a net change of 3.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 2827.3435 was down 1.70% compared to the 2022 peak of 2876.2705, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SVC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SVC 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 2690.3170, compared to 2760.1541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 69.8371 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 82.7789 VND (High: 2738.0329 / Low: 2655.2540). On the other end, May was the most stable month, with a tight range of 12.8806 VND (High: 2690.6913 / Low: 2677.8107).
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 16.5074 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 2784.0834) against the same month in 2022 (average: 2839.5528), the exchange rate shifted by -55.4694 (-1.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2700.8954 | 2675.5100 | 2682.1396 |
| February | 2738.0329 | 2655.2540 | 2702.3220 |
| March | 2734.8230 | 2683.0589 | 2701.6386 |
| April | 2717.5889 | 2676.5407 | 2685.1311 |
| May | 2690.6913 | 2677.8107 | 2683.0214 |
| June | 2705.2835 | 2673.6492 | 2687.6491 |
| July | 2730.8610 | 2694.2949 | 2707.2132 |
| August | 2765.1182 | 2705.1580 | 2728.0431 |
| September | 2795.3930 | 2745.9576 | 2769.0499 |
| October | 2815.4445 | 2771.7548 | 2800.0933 |
| November | 2827.3435 | 2760.1885 | 2784.0834 |
| December | 2786.0450 | 2757.4895 | 2772.4417 |