2023 VND to MNT Historical Review

YEARLY HIGH

0.1501 MNT

YEARLY LOW

0.1402 MNT

YEARLY AVERAGE

0.1453 MNT

2023 VND to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 22, valuing the pair at 0.1501. Conversely, the yearly low was recorded on October 26, dropping to 0.1402.

This high-to-low spread represents a total annual volatility of 0.0099 MNT. From a start-to-finish perspective, comparing the January average rate of 0.1452 to the December average rate of 0.1421, the exchange rate registered a net change of -2.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1501 was up 3.67% compared to the 2022 peak of 0.1448, 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 1,501,205 MNT

2022 Average 1,333,666 MNT

Yearly Trough Low 1,402,080 MNT

Transaction Impact: A difference of 99,125.32 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1509

0.1400

JanuMarcMayJulySeptNove

VND to MNT 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 0.1472, compared to 0.1434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.1472

H2 Avg (Jul–Dec) 0.1434

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0062 MNT (High: 0.1498 / Low: 0.1436). On the other end, May was the most stable month, with a tight range of 0.0003 MNT (High: 0.1501 / Low: 0.1498).

March Spread (Volatile) ±0.0062

May Spread (Stable) ±0.0003

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 July and August, when the average rate fell by 0.0038 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.1500) against the same month in 2022 (average: 0.1334), the exchange rate shifted by +0.0166 (+12.44%).

2023 Avg (May) 0.1500

2022 Avg (May) 0.1334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1454	0.1441	0.1452
February	0.1453	0.1430	0.1441
March	0.1498	0.1436	0.1445
April	0.1501	0.1497	0.1499
May	0.1501	0.1498	0.1500
June	0.1499	0.1493	0.1497
July	0.1493	0.1456	0.1484
August	0.1456	0.1426	0.1445
September	0.1434	0.1414	0.1424
October	0.1419	0.1402	0.1409
November	0.1429	0.1403	0.1418
December	0.1424	0.1416	0.1421