YEARLY HIGH
0.0161 HUF
YEARLY LOW
0.0141 HUF
YEARLY AVERAGE
0.0148 HUF

2023 VND to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0161. Conversely, the yearly low was recorded on July 13, dropping to 0.0141.

This high-to-low spread represents a total annual volatility of 0.0021 HUF. From a start-to-finish perspective, comparing the January average rate of 0.0156 to the December average rate of 0.0144, the exchange rate registered a net change of -7.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0161 was down 13.25% compared to the 2022 peak of 0.0186, 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 161,262 HUF
2022 Average 159,053 HUF
Yearly Trough Low 140,634 HUF
Transaction Impact: A difference of 20,627.86 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0157
0.0143
JanuMarcMayJulySeptNove

VND to HUF 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 0.0150, compared to 0.0147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0150
H2 Avg (Jul–Dec) 0.0147

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0011 HUF (High: 0.0159 / Low: 0.0147). On the other end, June was the most stable month, with a tight range of 0.0004 HUF (High: 0.0147 / Low: 0.0143).

March Spread (Volatile) ±0.0011
June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0156) against the same month in 2022 (average: 0.0140), the exchange rate shifted by +0.0016 (+11.65%).

2023 Avg (January) 0.0156
2022 Avg (January) 0.0140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0161 0.0151 0.0156
February 0.0157 0.0149 0.0152
March 0.0159 0.0147 0.0152
April 0.0150 0.0144 0.0146
May 0.0149 0.0143 0.0146
June 0.0147 0.0143 0.0145
July 0.0149 0.0141 0.0145
August 0.0151 0.0144 0.0148
September 0.0153 0.0147 0.0150
October 0.0153 0.0145 0.0149
November 0.0147 0.0141 0.0144
December 0.0147 0.0141 0.0144