2023 VND to XOF Historical Review

YEARLY HIGH

0.0265 XOF

YEARLY LOW

0.0242 XOF

YEARLY AVERAGE

0.0254 XOF

2023 VND to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0265. Conversely, the yearly low was recorded on December 27, dropping to 0.0242.

This high-to-low spread represents a total annual volatility of 0.0023 XOF. From a start-to-finish perspective, comparing the January average rate of 0.0259 to the December average rate of 0.0247, the exchange rate registered a net change of -4.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0265 was down 7.80% compared to the 2022 peak of 0.0288, 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 265,496 XOF

2022 Average 266,459 XOF

Yearly Trough Low 242,431 XOF

Transaction Impact: A difference of 23,065.58 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0261

0.0246

JanuMarcMayJulySeptNove

VND to XOF 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 0.0258, compared to 0.0251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0258

H2 Avg (Jul–Dec) 0.0251

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0012 XOF (High: 0.0261 / Low: 0.0250). On the other end, September was the most stable month, with a tight range of 0.0004 XOF (High: 0.0256 / Low: 0.0252).

May Spread (Volatile) ±0.0012

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0259) against the same month in 2022 (average: 0.0255), the exchange rate shifted by +0.0004 (+1.53%).

2023 Avg (January) 0.0259

2022 Avg (January) 0.0255

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0265	0.0256	0.0259
February	0.0261	0.0254	0.0259
March	0.0263	0.0256	0.0259
April	0.0259	0.0251	0.0254
May	0.0261	0.0250	0.0257
June	0.0261	0.0254	0.0257
July	0.0255	0.0247	0.0251
August	0.0254	0.0249	0.0252
September	0.0256	0.0252	0.0254
October	0.0257	0.0250	0.0254
November	0.0253	0.0246	0.0249
December	0.0251	0.0242	0.0247