YEARLY HIGH
790.9418 VND
YEARLY LOW
744.5022 VND
YEARLY AVERAGE
765.4959 VND

2023 TWD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 790.9418. Conversely, the yearly low was recorded on August 22, dropping to 744.5022.

This high-to-low spread represents a total annual volatility of 46.4397 VND. From a start-to-finish perspective, comparing the January average rate of 772.2568 to the December average rate of 778.0511, the exchange rate registered a net change of 0.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 790.9418 was down 4.52% compared to the 2022 peak of 828.3717, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,954,709 VND
2022 Average 3,933,558 VND
Yearly Trough Low 3,722,511 VND
Transaction Impact: A difference of 232,198.25 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

784.2335
747.1004
JanuMarcMayJulySeptNove

TWD 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 770.2236, compared to 760.7682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.4554 points.

H1 Avg (Jan–Jun) 770.2236
H2 Avg (Jul–Dec) 760.7682

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 23.2438 VND (High: 774.9186 / Low: 751.6749). On the other end, May was the most stable month, with a tight range of 7.0013 VND (High: 768.0852 / Low: 761.0839).

November Spread (Volatile) ±23.2438
May Spread (Stable) ±7.0013

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 8.5721 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -8.5721

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 778.0511) against the same month in 2022 (average: 775.1154), the exchange rate shifted by +2.9357 (+0.38%).

2023 Avg (December) 778.0511
2022 Avg (December) 775.1154

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 780.4184 764.4009 772.2568
February 789.1704 775.0940 781.1391
March 777.5493 767.5568 772.5670
April 771.8950 762.8540 768.0114
May 768.0852 761.0839 764.2909
June 767.6106 756.6276 763.0765
July 766.5375 753.3164 758.6348
August 760.7646 744.5022 750.1949
September 764.1010 749.4923 756.4194
October 762.3080 753.4013 758.3826
November 774.9186 751.6749 762.9265
December 790.9418 769.7772 778.0511