2023 SZL to VND Historical Review

YEARLY HIGH

1393.6483 VND

YEARLY LOW

1187.9879 VND

YEARLY AVERAGE

1293.5563 VND

2023 SZL to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 1393.6483. Conversely, the yearly low was recorded on June 1, dropping to 1187.9879.

This high-to-low spread represents a total annual volatility of 205.6603 VND. From a start-to-finish perspective, comparing the January average rate of 1372.2928 to the December average rate of 1303.4443, the exchange rate registered a net change of -5.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1393.6483 was down 11.65% compared to the 2022 peak of 1577.4246, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,968,241 VND

2022 Average 7,172,206 VND

Yearly Trough Low 5,939,940 VND

Transaction Impact: A difference of 1,028,301.64 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1386.2121

1219.1800

JanuMarcMayJulySeptNove

SZL 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 1295.3227, compared to 1291.7899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.5328 points.

H1 Avg (Jan–Jun) 1295.3227

H2 Avg (Jul–Dec) 1291.7899

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 107.0176 VND (High: 1295.0056 / Low: 1187.9879). On the other end, April was the most stable month, with a tight range of 48.6660 VND (High: 1321.5865 / Low: 1272.9205).

June Spread (Volatile) ±107.0176

April Spread (Stable) ±48.6660

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 61.5929 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -61.5929

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1372.2928) against the same month in 2022 (average: 1467.4707), the exchange rate shifted by -95.1779 (-6.49%).

2023 Avg (January) 1372.2928

2022 Avg (January) 1467.4707

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1393.6483	1344.8679	1372.2928
February	1372.1128	1287.7294	1321.4075
March	1319.0115	1267.7907	1293.3378
April	1321.5865	1272.9205	1294.6922
May	1282.9409	1188.3144	1233.0993
June	1295.0056	1187.9879	1257.1063
July	1347.6396	1247.3934	1299.2889
August	1315.1325	1229.8615	1271.2027
September	1303.3133	1252.0778	1278.0775
October	1308.4293	1255.7500	1284.1120
November	1344.3919	1286.3751	1314.6140
December	1330.9633	1270.1316	1303.4443