2024 BAM to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BAM to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BAM to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 14312.9458. Conversely, the yearly low was recorded on February 6, dropping to 13371.3595.
This high-to-low spread represents a total annual volatility of 941.5863 VND. From a start-to-finish perspective, comparing the January average rate of 13661.6293 to the December average rate of 13621.8161, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 14312.9458 was up 3.91% compared to the 2023 peak of 13773.8412, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BAM to VND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13801.1499, compared to 13923.7904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 122.6405 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 579.1995 VND (High: 14121.3671 / Low: 13542.1676). On the other end, March was the most stable month, with a tight range of 184.3306 VND (High: 13828.3487 / Low: 13644.0181).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 170.9188 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 14093.0800) against the same month in 2023 (average: 13319.1560), the exchange rate shifted by +773.9241 (+5.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13745.0148 | 13533.3802 | 13661.6293 |
| February | 13691.0661 | 13371.3595 | 13525.1620 |
| March | 13828.3487 | 13644.0181 | 13739.7618 |
| April | 13904.2153 | 13624.9138 | 13818.7390 |
| May | 14177.0359 | 13827.3884 | 14058.8623 |
| June | 14160.3893 | 13910.3736 | 14002.7451 |
| July | 14192.8045 | 13949.3029 | 14077.8631 |
| August | 14312.9458 | 13920.9088 | 14093.0800 |
| September | 14084.6085 | 13850.2263 | 14000.5218 |
| October | 14063.4419 | 13869.2300 | 13956.7265 |
| November | 14121.3671 | 13542.1676 | 13792.7349 |
| December | 13739.2841 | 13508.4784 | 13621.8161 |