2023 VND to LBP Historical Review

YEARLY HIGH

0.6560 LBP

YEARLY LOW

0.0640 LBP

YEARLY AVERAGE

0.5756 LBP

2023 VND to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.6560. Conversely, the yearly low was recorded on January 2, dropping to 0.0640.

This high-to-low spread represents a total annual volatility of 0.5920 LBP. From a start-to-finish perspective, comparing the January average rate of 0.0646 to the December average rate of 0.6198, the exchange rate registered a net change of 859.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6560 was up 870.70% compared to the 2022 peak of 0.0676, 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 6,559,547 LBP

2022 Average 647,926 LBP

Yearly Trough Low 639,783 LBP

Transaction Impact: A difference of 5,919,764.32 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7011

0.0067

JanuMarcMayJulySeptNove

VND to LBP 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 0.5279, compared to 0.6232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0952 points.

H1 Avg (Jan–Jun) 0.5279

H2 Avg (Jul–Dec) 0.6232

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.5916 LBP (High: 0.6560 / Low: 0.0643). On the other end, January was the most stable month, with a tight range of 0.0010 LBP (High: 0.0650 / Low: 0.0640).

February Spread (Volatile) ±0.5916

January Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and April, 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 0.0095 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.5351) against the same month in 2022 (average: 0.0666), the exchange rate shifted by +0.4686 (+703.87%).

2023 Avg (February) 0.5351

2022 Avg (February) 0.0666

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0650	0.0640	0.0646
February	0.6560	0.0643	0.5351
March	0.6468	0.6272	0.6387
April	0.6507	0.6343	0.6432
May	0.6511	0.6375	0.6429
June	0.6497	0.6368	0.6432
July	0.6448	0.6315	0.6368
August	0.6424	0.6204	0.6309
September	0.6303	0.6150	0.6215
October	0.6195	0.6101	0.6135
November	0.6225	0.6071	0.6167
December	0.6225	0.6168	0.6198