YEARLY HIGH
0.8856 SLL
YEARLY LOW
0.7413 SLL
YEARLY AVERAGE
0.7996 SLL

2023 VND to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 0.8856. Conversely, the yearly low was recorded on February 23, dropping to 0.7413.

This high-to-low spread represents a total annual volatility of 0.1443 SLL. From a start-to-finish perspective, comparing the January average rate of 0.7527 to the December average rate of 0.8635, the exchange rate registered a net change of 14.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8856 was up 17.95% compared to the 2022 peak of 0.7508, 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 8,856,298 SLL
2022 Average 5,846,284 SLL
Yearly Trough Low 7,413,115 SLL
Transaction Impact: A difference of 1,443,183.55 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8917
0.7339
JanuMarcMayJulySeptNove

VND to SLL 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 0.7508, compared to 0.8485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0976 points.

H1 Avg (Jan–Jun) 0.7508
H2 Avg (Jul–Dec) 0.8485

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1421 SLL (High: 0.8856 / Low: 0.7436). On the other end, May was the most stable month, with a tight range of 0.0017 SLL (High: 0.7536 / Low: 0.7519).

July Spread (Volatile) ±0.1421
May Spread (Stable) ±0.0017

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 August and September, when the average rate fell by 0.0128 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.7646) against the same month in 2022 (average: 0.5785), the exchange rate shifted by +0.1861 (+32.18%).

2023 Avg (July) 0.7646
2022 Avg (July) 0.5785

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7539 0.7474 0.7527
February 0.7533 0.7413 0.7470
March 0.7524 0.7446 0.7484
April 0.7534 0.7513 0.7527
May 0.7536 0.7519 0.7528
June 0.7524 0.7492 0.7513
July 0.8856 0.7436 0.7646
August 0.8851 0.8669 0.8785
September 0.8716 0.8594 0.8657
October 0.8628 0.8522 0.8565
November 0.8687 0.8527 0.8619
December 0.8654 0.8608 0.8635