2023 TWD to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 TWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |