2023 VND to GNF Historical Review

YEARLY HIGH

0.3751 GNF

YEARLY LOW

0.3483 GNF

YEARLY AVERAGE

0.3617 GNF

2023 VND to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.3751. Conversely, the yearly low was recorded on November 5, dropping to 0.3483.

This high-to-low spread represents a total annual volatility of 0.0268 GNF. From a start-to-finish perspective, comparing the January average rate of 0.3693 to the December average rate of 0.3542, the exchange rate registered a net change of -4.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3751 was down 8.41% compared to the 2022 peak of 0.4095, 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 3,751,066 GNF

2022 Average 3,766,292 GNF

Yearly Trough Low 3,482,691 GNF

Transaction Impact: A difference of 268,374.22 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3711

0.3495

JanuMarcMayJulySeptNove

VND to GNF 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 0.3669, compared to 0.3565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.3669

H2 Avg (Jul–Dec) 0.3565

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0138 GNF (High: 0.3730 / Low: 0.3592). On the other end, May was the most stable month, with a tight range of 0.0031 GNF (High: 0.3691 / Low: 0.3659).

February Spread (Volatile) ±0.0138

May Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0055 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3693) against the same month in 2022 (average: 0.4006), the exchange rate shifted by -0.0313 (-7.82%).

2023 Avg (January) 0.3693

2022 Avg (January) 0.4006

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3751	0.3647	0.3693
February	0.3730	0.3592	0.3656
March	0.3709	0.3599	0.3659
April	0.3691	0.3626	0.3664
May	0.3691	0.3659	0.3675
June	0.3686	0.3641	0.3668
July	0.3669	0.3618	0.3638
August	0.3646	0.3549	0.3608
September	0.3580	0.3511	0.3552
October	0.3544	0.3488	0.3513
November	0.3568	0.3483	0.3534
December	0.3558	0.3518	0.3542