2023 SYP to VND Historical Review

YEARLY HIGH

9.7934 VND

YEARLY LOW

9.3253 VND

YEARLY AVERAGE

9.4864 VND

2023 SYP to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 9.7934. Conversely, the yearly low was recorded on January 17, dropping to 9.3253.

This high-to-low spread represents a total annual volatility of 0.4681 VND. From a start-to-finish perspective, comparing the January average rate of 9.3409 to the December average rate of 9.6652, the exchange rate registered a net change of 3.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 9.7934 was down 1.08% compared to the 2022 peak of 9.9004, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48,967 VND

2022 Average 46,587 VND

Yearly Trough Low 46,627 VND

Transaction Impact: A difference of 2,340.51 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9.7848

9.2989

JanuMarcMayJulySeptNove

SYP 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 9.3643, compared to 9.6086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2443 points.

H1 Avg (Jan–Jun) 9.3643

H2 Avg (Jul–Dec) 9.6086

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.1984 VND (High: 9.6276 / Low: 9.4292). On the other end, May was the most stable month, with a tight range of 0.0208 VND (High: 9.3505 / Low: 9.3297).

August Spread (Volatile) ±0.1984

May Spread (Stable) ±0.0208

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 0.0604 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0604

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 9.7443) against the same month in 2022 (average: 9.6818), the exchange rate shifted by +0.0625 (+0.65%).

2023 Avg (October) 9.7443

2022 Avg (October) 9.6818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.4069	9.3253	9.3409
February	9.4842	9.3330	9.4119
March	9.4427	9.3450	9.3943
April	9.3582	9.3319	9.3411
May	9.3505	9.3297	9.3394
June	9.3840	9.3450	9.3582
July	9.4555	9.3840	9.4167
August	9.6276	9.4292	9.5002
September	9.7110	9.5755	9.6411
October	9.7934	9.6734	9.7443
November	9.7874	9.6079	9.6839
December	9.6955	9.6438	9.6652