YEARLY HIGH
0.1148 CDF
YEARLY LOW
0.0860 CDF
YEARLY AVERAGE
0.0979 CDF

2023 VND to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.1148. Conversely, the yearly low was recorded on February 24, dropping to 0.0860.

This high-to-low spread represents a total annual volatility of 0.0288 CDF. From a start-to-finish perspective, comparing the January average rate of 0.0873 to the December average rate of 0.1121, the exchange rate registered a net change of 28.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1148 was up 28.94% compared to the 2022 peak of 0.0890, 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 1,147,798 CDF
2022 Average 863,258 CDF
Yearly Trough Low 859,695 CDF
Transaction Impact: A difference of 288,103.02 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1146
0.0847
JanuMarcMayJulySeptNove

VND to CDF 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 0.0907, compared to 0.1050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0143 points.

H1 Avg (Jan–Jun) 0.0907
H2 Avg (Jul–Dec) 0.1050

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0124 CDF (High: 0.0994 / Low: 0.0870). On the other end, January was the most stable month, with a tight range of 0.0019 CDF (High: 0.0883 / Low: 0.0864).

May Spread (Volatile) ±0.0124
January Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0012 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1121) against the same month in 2022 (average: 0.0860), the exchange rate shifted by +0.0261 (+30.37%).

2023 Avg (December) 0.1121
2022 Avg (December) 0.0860

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0883 0.0864 0.0873
February 0.0883 0.0860 0.0872
March 0.0887 0.0862 0.0876
April 0.0931 0.0871 0.0887
May 0.0994 0.0870 0.0933
June 0.1022 0.0989 0.1004
July 0.1077 0.1022 0.1044
August 0.1048 0.1025 0.1037
September 0.1040 0.1008 0.1025
October 0.1057 0.1013 0.1029
November 0.1122 0.1002 0.1045
December 0.1148 0.1098 0.1121