YEARLY HIGH
1905.5346 VND
YEARLY LOW
1772.1147 VND
YEARLY AVERAGE
1848.1253 VND

2024 BWP to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 1905.5346. Conversely, the yearly low was recorded on February 14, dropping to 1772.1147.

This high-to-low spread represents a total annual volatility of 133.4199 VND. From a start-to-finish perspective, comparing the January average rate of 1802.6957 to the December average rate of 1853.5461, the exchange rate registered a net change of 2.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1905.5346 was up 2.68% compared to the 2023 peak of 1855.7545, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BWP based on timing:

Yearly Peak High 9,527,673 VND
2023 Average 8,925,705 VND
Yearly Trough Low 8,860,574 VND
Transaction Impact: A difference of 667,099.28 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1891.0131
1777.5706
JanuMarcMayJulySeptNove

BWP to VND 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 1828.0670, compared to 1868.1837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.1168 points.

H1 Avg (Jan–Jun) 1828.0670
H2 Avg (Jul–Dec) 1868.1837

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 104.4465 VND (High: 1888.9140 / Low: 1784.4675). On the other end, February was the most stable month, with a tight range of 26.0518 VND (High: 1798.1665 / Low: 1772.1147).

May Spread (Volatile) ±104.4465
February Spread (Stable) ±26.0518

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 November and December, when the average rate fell by 19.8545 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -19.8545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1873.4005) against the same month in 2023 (average: 1800.2631), the exchange rate shifted by +73.1374 (+4.06%).

2024 Avg (November) 1873.4005
2023 Avg (November) 1800.2631

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1820.8139 1790.7496 1802.6957
February 1798.1665 1772.1147 1787.0241
March 1822.2334 1790.6641 1809.7076
April 1848.0765 1784.8353 1831.2662
May 1888.9140 1784.4675 1870.4585
June 1890.6050 1836.5058 1867.2496
July 1892.5678 1859.3366 1872.9465
August 1884.3069 1845.6496 1866.6120
September 1886.9161 1833.4193 1861.0376
October 1904.7848 1864.7596 1881.5596
November 1905.5346 1850.6208 1873.4005
December 1879.3614 1824.5064 1853.5461