2024 CDF to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CDF to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CDF to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 9.2289. Conversely, the yearly low was recorded on September 15, dropping to 8.5642.
This high-to-low spread represents a total annual volatility of 0.6647 VND. From a start-to-finish perspective, comparing the January average rate of 8.9949 to the December average rate of 8.9068, the exchange rate registered a net change of -0.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 9.2289 was down 20.66% compared to the 2023 peak of 11.6320, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CDF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CDF 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 8.9835, compared to 8.8183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1652 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was April, with a trading range of 0.3674 VND (High: 9.1647 / Low: 8.7974). On the other end, March was the most stable month, with a tight range of 0.0841 VND (High: 8.9666 / Low: 8.8824).
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 August and September, when the average rate fell by 0.1364 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 8.9949) against the same month in 2023 (average: 11.4559), the exchange rate shifted by -2.4610 (-21.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.2289 | 8.8648 | 8.9949 |
| February | 8.9295 | 8.8271 | 8.8875 |
| March | 8.9666 | 8.8824 | 8.9118 |
| April | 9.1647 | 8.7974 | 9.0208 |
| May | 9.1464 | 9.0051 | 9.1013 |
| June | 9.1035 | 8.9265 | 8.9850 |
| July | 8.9675 | 8.8526 | 8.9226 |
| August | 8.8917 | 8.7119 | 8.7885 |
| September | 8.7511 | 8.5642 | 8.6521 |
| October | 8.9312 | 8.6216 | 8.7730 |
| November | 8.9065 | 8.7946 | 8.8670 |
| December | 8.9833 | 8.8426 | 8.9068 |