YEARLY HIGH
0.1052 TZS
YEARLY LOW
0.0976 TZS
YEARLY AVERAGE
0.1016 TZS

2023 VND to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 0.1052. Conversely, the yearly low was recorded on February 19, dropping to 0.0976.

This high-to-low spread represents a total annual volatility of 0.0076 TZS. From a start-to-finish perspective, comparing the January average rate of 0.0995 to the December average rate of 0.1035, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1052 was up 2.83% compared to the 2022 peak of 0.1023, 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 1,052,250 TZS
2022 Average 994,254 TZS
Yearly Trough Low 976,357 TZS
Transaction Impact: A difference of 75,892.35 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1051
0.0982
JanuMarcMayJulySeptNove

VND to TZS 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 0.0999, compared to 0.1033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0999
H2 Avg (Jul–Dec) 0.1033

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0029 TZS (High: 0.1005 / Low: 0.0976). On the other end, May was the most stable month, with a tight range of 0.0008 TZS (High: 0.1009 / Low: 0.1001).

February Spread (Volatile) ±0.0029
May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0011 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.1045) against the same month in 2022 (average: 0.0997), the exchange rate shifted by +0.0048 (+4.85%).

2023 Avg (August) 0.1045
2022 Avg (August) 0.0997

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0997 0.0987 0.0995
February 0.1005 0.0976 0.0988
March 0.0996 0.0978 0.0989
April 0.1002 0.0993 0.0999
May 0.1009 0.1001 0.1005
June 0.1026 0.1007 0.1015
July 0.1037 0.1017 0.1031
August 0.1052 0.1034 0.1045
September 0.1041 0.1027 0.1034
October 0.1033 0.1016 0.1023
November 0.1037 0.1012 0.1029
December 0.1039 0.1031 0.1035