2023 TRY to VND Historical Review

YEARLY HIGH

1264.4975 VND

YEARLY LOW

820.4857 VND

YEARLY AVERAGE

1031.8221 VND

2023 TRY to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1264.4975. Conversely, the yearly low was recorded on December 28, dropping to 820.4857.

This high-to-low spread represents a total annual volatility of 444.0118 VND. From a start-to-finish perspective, comparing the January average rate of 1249.6411 to the December average rate of 834.5277, the exchange rate registered a net change of -33.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1264.4975 was down 27.73% compared to the 2022 peak of 1749.6989, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 63,224,874 VND

2022 Average 71,443,617 VND

Yearly Trough Low 41,024,286 VND

Transaction Impact: A difference of 22,200,587.91 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1296.5655

792.5243

JanuMarcMayJulySeptNove

TRY 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 1190.4748, compared to 873.1693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 317.3055 points.

H1 Avg (Jan–Jun) 1190.4748

H2 Avg (Jul–Dec) 873.1693

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 221.4683 VND (High: 1123.7827 / Low: 902.3144). On the other end, September was the most stable month, with a tight range of 16.8952 VND (High: 903.4902 / Low: 886.5951).

June Spread (Volatile) ±221.4683

September Spread (Stable) ±16.8952

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 191.1007 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -191.1007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1249.6411) against the same month in 2022 (average: 1678.2771), the exchange rate shifted by -428.6360 (-25.54%).

2023 Avg (January) 1249.6411

2022 Avg (January) 1678.2771

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1264.4975	1246.4030	1249.6411
February	1262.8986	1245.0964	1254.5621
March	1260.3390	1224.1312	1242.2799
April	1224.5675	1206.2779	1213.3560
May	1205.6967	1131.7634	1187.0552
June	1123.7827	902.3144	995.9546
July	916.0611	877.0038	893.9088
August	926.4509	873.3843	886.9240
September	903.4902	886.5951	896.8274
October	886.8040	867.8684	877.9087
November	868.0842	838.0523	848.9193
December	840.7804	820.4857	834.5277