2023 BOB to VND Historical Review

YEARLY HIGH

3580.1997 VND

YEARLY LOW

3362.2693 VND

YEARLY AVERAGE

3450.5098 VND

2023 BOB to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 3580.1997. Conversely, the yearly low was recorded on February 5, dropping to 3362.2693.

This high-to-low spread represents a total annual volatility of 217.9304 VND. From a start-to-finish perspective, comparing the January average rate of 3396.4014 to the December average rate of 3510.3817, the exchange rate registered a net change of 3.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3580.1997 was down 1.70% compared to the 2022 peak of 3641.9674, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,900,999 VND

2022 Average 16,980,300 VND

Yearly Trough Low 16,811,346 VND

Transaction Impact: A difference of 1,089,652.21 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3560.6176

3381.4726

JanuMarcMayJulySeptNove

BOB 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 3406.1016, compared to 3494.9180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 88.8163 points.

H1 Avg (Jan–Jun) 3406.1016

H2 Avg (Jul–Dec) 3494.9180

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 104.6320 VND (High: 3466.9013 / Low: 3362.2693). On the other end, May was the most stable month, with a tight range of 16.3937 VND (High: 3407.1026 / Low: 3390.7089).

February Spread (Volatile) ±104.6320

May Spread (Stable) ±16.3937

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 23.4615 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -23.4615

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 3525.3126) against the same month in 2022 (average: 3594.9175), the exchange rate shifted by -69.6049 (-1.94%).

2023 Avg (November) 3525.3126

2022 Avg (November) 3594.9175

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3420.2681	3387.8116	3396.4014
February	3466.9013	3362.2693	3421.8643
March	3463.1162	3394.0352	3420.6121
April	3416.6508	3380.7488	3397.1507
May	3407.1026	3390.7089	3397.2868
June	3425.3714	3385.5443	3403.2945
July	3458.1946	3411.6643	3427.2745
August	3501.6361	3425.1564	3454.4238
September	3539.7914	3477.1764	3506.4265
October	3565.0457	3509.7804	3545.6889
November	3580.1997	3495.1768	3525.3126
December	3527.6803	3491.7194	3510.3817

2023 BOB నుండి VND చారిత్రక సమీక్ష