2023 VND to KRW Historical Review

YEARLY HIGH

0.0573 KRW

YEARLY LOW

0.0521 KRW

YEARLY AVERAGE

0.0548 KRW

2023 VND to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 0.0573. Conversely, the yearly low was recorded on February 1, dropping to 0.0521.

This high-to-low spread represents a total annual volatility of 0.0051 KRW. From a start-to-finish perspective, comparing the January average rate of 0.0529 to the December average rate of 0.0536, the exchange rate registered a net change of 1.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0573 was down 5.15% compared to the 2022 peak of 0.0604, 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 572,502 KRW

2022 Average 551,535 KRW

Yearly Trough Low 521,239 KRW

Transaction Impact: A difference of 51,262.43 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0570

0.0526

JanuMarcMayJulySeptNove

VND to KRW 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 0.0551, compared to 0.0545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0551

H2 Avg (Jul–Dec) 0.0545

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0035 KRW (High: 0.0556 / Low: 0.0521). On the other end, May was the most stable month, with a tight range of 0.0012 KRW (High: 0.0573 / Low: 0.0561).

February Spread (Volatile) ±0.0035

May Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, 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 (May 2023: 0.0566) against the same month in 2022 (average: 0.0549), the exchange rate shifted by +0.0017 (+3.12%).

2023 Avg (May) 0.0566

2022 Avg (May) 0.0549

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0544	0.0524	0.0529
February	0.0556	0.0521	0.0541
March	0.0560	0.0546	0.0553
April	0.0571	0.0555	0.0563
May	0.0573	0.0561	0.0566
June	0.0561	0.0540	0.0551
July	0.0558	0.0535	0.0543
August	0.0563	0.0544	0.0555
September	0.0557	0.0542	0.0551
October	0.0558	0.0546	0.0552
November	0.0548	0.0531	0.0537
December	0.0544	0.0530	0.0536