YEARLY HIGH
0.9741 STD
YEARLY LOW
0.9055 STD
YEARLY AVERAGE
0.9483 STD

2023 VND to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.9741. Conversely, the yearly low was recorded on October 26, dropping to 0.9055.

This high-to-low spread represents a total annual volatility of 0.0686 STD. From a start-to-finish perspective, comparing the January average rate of 0.9725 to the December average rate of 0.9176, the exchange rate registered a net change of -5.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9741 was down 3.64% compared to the 2022 peak of 1.0109, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 VND based on timing:

Yearly Peak High 9,741,279 STD
2022 Average 9,472,402 STD
Yearly Trough Low 9,055,324 STD
Transaction Impact: A difference of 685,955.09 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9789
0.9039
JanuMarcMayJulySeptNove

VND to STD 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 0.9701, compared to 0.9264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0437 points.

H1 Avg (Jan–Jun) 0.9701
H2 Avg (Jul–Dec) 0.9264

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0276 STD (High: 0.9680 / Low: 0.9404). On the other end, May was the most stable month, with a tight range of 0.0022 STD (High: 0.9737 / Low: 0.9715).

July Spread (Volatile) ±0.0276
May Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between February and May, 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 July and August, when the average rate fell by 0.0282 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0282

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.9725) against the same month in 2022 (average: 0.9315), the exchange rate shifted by +0.0410 (+4.40%).

2023 Avg (January) 0.9725
2022 Avg (January) 0.9315

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9741 0.9657 0.9725
February 0.9733 0.9578 0.9652
March 0.9721 0.9620 0.9670
April 0.9734 0.9707 0.9725
May 0.9737 0.9715 0.9727
June 0.9721 0.9680 0.9707
July 0.9680 0.9404 0.9617
August 0.9405 0.9211 0.9335
September 0.9261 0.9132 0.9199
October 0.9168 0.9055 0.9101
November 0.9230 0.9061 0.9158
December 0.9196 0.9147 0.9176