2023 BMD to VND Historical Review

YEARLY HIGH

24606.2992 VND

YEARLY LOW

23430.1794 VND

YEARLY AVERAGE

23834.9477 VND

2023 BMD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 24606.2992. Conversely, the yearly low was recorded on January 17, dropping to 23430.1794.

This high-to-low spread represents a total annual volatility of 1176.1199 VND. From a start-to-finish perspective, comparing the January average rate of 23469.3344 to the December average rate of 24284.0171, 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 24606.2992 was down 1.08% compared to the 2022 peak of 24875.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 123,031,496 VND

2022 Average 117,044,102 VND

Yearly Trough Low 117,150,897 VND

Transaction Impact: A difference of 5,880,599.28 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

24584.5458

23363.8358

JanuMarcMayJulySeptNove

BMD 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 23528.0992, compared to 24141.7962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 613.6969 points.

H1 Avg (Jan–Jun) 23528.0992

H2 Avg (Jul–Dec) 24141.7962

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 498.5787 VND (High: 24189.6525 / Low: 23691.0738). On the other end, May was the most stable month, with a tight range of 52.3195 VND (High: 23493.4835 / Low: 23441.1640).

August Spread (Volatile) ±498.5787

May Spread (Stable) ±52.3195

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 151.7601 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -151.7601

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 24482.8200) against the same month in 2022 (average: 24325.7372), the exchange rate shifted by +157.0827 (+0.65%).

2023 Avg (October) 24482.8200

2022 Avg (October) 24325.7372

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23635.0956	23430.1794	23469.3344
February	23829.3901	23449.4082	23647.6959
March	23725.0000	23479.6952	23603.3605
April	23512.8145	23446.6601	23469.7790
May	23493.4835	23441.1640	23465.5616
June	23577.5000	23479.6952	23512.8640
July	23757.3174	23577.5000	23659.7978
August	24189.6525	23691.0738	23869.4771
September	24399.1795	24058.7036	24223.6052
October	24606.2992	24304.7275	24482.8200
November	24591.1751	24140.0152	24331.0598
December	24360.1806	24230.2727	24284.0171

2023 BMD నుండి VND చారిత్రక సమీక్ష