2023 VND to BIF Historical Review

YEARLY HIGH

0.1207 BIF

YEARLY LOW

0.0867 BIF

YEARLY AVERAGE

0.1067 BIF

2023 VND to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 0.1207. Conversely, the yearly low was recorded on February 19, dropping to 0.0867.

This high-to-low spread represents a total annual volatility of 0.0340 BIF. From a start-to-finish perspective, comparing the January average rate of 0.0882 to the December average rate of 0.1174, the exchange rate registered a net change of 33.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1207 was up 34.14% compared to the 2022 peak of 0.0900, 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 1,207,284 BIF

2022 Average 872,850 BIF

Yearly Trough Low 866,932 BIF

Transaction Impact: A difference of 340,351.86 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1236

0.0844

JanuMarcMayJulySeptNove

VND to BIF 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 0.0958, compared to 0.1176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0218 points.

H1 Avg (Jan–Jun) 0.0958

H2 Avg (Jul–Dec) 0.1176

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0317 BIF (High: 0.1203 / Low: 0.0886). On the other end, December was the most stable month, with a tight range of 0.0009 BIF (High: 0.1179 / Low: 0.1170).

May Spread (Volatile) ±0.0317

December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and June, 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 August and September, when the average rate fell by 0.0017 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1203) against the same month in 2022 (average: 0.0883), the exchange rate shifted by +0.0320 (+36.29%).

2023 Avg (June) 0.1203

2022 Avg (June) 0.0883

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0885	0.0875	0.0882
February	0.0891	0.0867	0.0877
March	0.0888	0.0869	0.0880
April	0.0889	0.0878	0.0886
May	0.1203	0.0886	0.1020
June	0.1207	0.1197	0.1203
July	0.1205	0.1189	0.1196
August	0.1196	0.1170	0.1187
September	0.1180	0.1159	0.1171
October	0.1169	0.1153	0.1159
November	0.1179	0.1147	0.1167
December	0.1179	0.1170	0.1174