2023 VND to LAK Historical Review

YEARLY HIGH

0.8568 LAK

YEARLY LOW

0.7031 LAK

YEARLY AVERAGE

0.7833 LAK

2023 VND to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 0.8568. Conversely, the yearly low was recorded on February 18, dropping to 0.7031.

This high-to-low spread represents a total annual volatility of 0.1537 LAK. From a start-to-finish perspective, comparing the January average rate of 0.7239 to the December average rate of 0.8505, the exchange rate registered a net change of 17.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8568 was up 15.20% compared to the 2022 peak of 0.7437, 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 8,567,920 LAK

2022 Average 6,082,850 LAK

Yearly Trough Low 7,031,255 LAK

Transaction Impact: A difference of 1,536,665.13 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8642

0.6999

JanuMarcMayJulySeptNove

VND to LAK 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 0.7354, compared to 0.8311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0957 points.

H1 Avg (Jan–Jun) 0.7354

H2 Avg (Jul–Dec) 0.8311

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0497 LAK (High: 0.8043 / Low: 0.7547). On the other end, October was the most stable month, with a tight range of 0.0093 LAK (High: 0.8460 / Low: 0.8367).

June Spread (Volatile) ±0.0497

October Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0103 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.8504) against the same month in 2022 (average: 0.6913), the exchange rate shifted by +0.1591 (+23.02%).

2023 Avg (November) 0.8504

2022 Avg (November) 0.6913

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7364	0.7173	0.7239
February	0.7249	0.7031	0.7136
March	0.7241	0.7054	0.7150
April	0.7389	0.7222	0.7305
May	0.7559	0.7363	0.7480
June	0.8043	0.7547	0.7817
July	0.8143	0.7955	0.8076
August	0.8212	0.8037	0.8145
September	0.8407	0.8173	0.8225
October	0.8460	0.8367	0.8413
November	0.8568	0.8373	0.8504
December	0.8567	0.8439	0.8505