YEARLY HIGH
0.0387 CLP
YEARLY LOW
0.0332 CLP
YEARLY AVERAGE
0.0352 CLP

2023 VND to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 0.0387. Conversely, the yearly low was recorded on February 18, dropping to 0.0332.

This high-to-low spread represents a total annual volatility of 0.0055 CLP. From a start-to-finish perspective, comparing the January average rate of 0.0351 to the December average rate of 0.0361, the exchange rate registered a net change of 2.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0387 was down 13.78% compared to the 2022 peak of 0.0449, 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 386,871 CLP
2022 Average 373,402 CLP
Yearly Trough Low 332,237 CLP
Transaction Impact: A difference of 54,633.49 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0383
0.0335
JanuMarcMayJulySeptNove

VND to CLP 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 0.0342, compared to 0.0362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0342
H2 Avg (Jul–Dec) 0.0362

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0028 CLP (High: 0.0366 / Low: 0.0338). On the other end, June was the most stable month, with a tight range of 0.0008 CLP (High: 0.0343 / Low: 0.0335).

January Spread (Volatile) ±0.0028
June Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.0015 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0379) against the same month in 2022 (average: 0.0392), the exchange rate shifted by -0.0013 (-3.40%).

2023 Avg (October) 0.0379
2022 Avg (October) 0.0392

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0366 0.0338 0.0351
February 0.0350 0.0332 0.0339
March 0.0352 0.0336 0.0342
April 0.0350 0.0337 0.0343
May 0.0346 0.0335 0.0340
June 0.0343 0.0335 0.0339
July 0.0355 0.0337 0.0345
August 0.0366 0.0352 0.0359
September 0.0373 0.0354 0.0366
October 0.0387 0.0363 0.0379
November 0.0380 0.0358 0.0364
December 0.0368 0.0354 0.0361