2024 CNY to VND Historical Review

YEARLY HIGH

3593.7673 VND

YEARLY LOW

3386.3985 VND

YEARLY AVERAGE

3490.7906 VND

2024 CNY to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 3593.7673. Conversely, the yearly low was recorded on February 2, dropping to 3386.3985.

This high-to-low spread represents a total annual volatility of 207.3688 VND. From a start-to-finish perspective, comparing the January average rate of 3442.9255 to the December average rate of 3491.1846, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3593.7673 was up 2.76% compared to the 2023 peak of 3497.1675, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 89,844,182 VND

2023 Average 84,267,265 VND

Yearly Trough Low 84,659,962 VND

Transaction Impact: A difference of 5,184,220.47 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3563.1623

3409.6366

JanuMarcMayJulySeptNove

CNY 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 3476.8163, compared to 3504.7650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.9487 points.

H1 Avg (Jan–Jun) 3476.8163

H2 Avg (Jul–Dec) 3504.7650

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 154.9511 VND (High: 3583.4910 / Low: 3428.5398). On the other end, December was the most stable month, with a tight range of 15.6142 VND (High: 3499.9145 / Low: 3484.3002).

April Spread (Volatile) ±154.9511

December Spread (Stable) ±15.6142

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 June and July, when the average rate fell by 29.4402 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -29.4402

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 3550.3685) against the same month in 2023 (average: 3358.0334), the exchange rate shifted by +192.3350 (+5.73%).

2024 Avg (May) 3550.3685

2023 Avg (May) 3358.0334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3471.0405	3403.9973	3442.9255
February	3446.1449	3386.3985	3422.4304
March	3465.9066	3425.8281	3435.3463
April	3583.4910	3428.5398	3483.6912
May	3593.7673	3500.3025	3550.3685
June	3581.3245	3502.2438	3526.1357
July	3555.3191	3482.7519	3496.6955
August	3526.0228	3482.1317	3503.6630
September	3512.7650	3450.1813	3483.5564
October	3567.5741	3499.9198	3533.1929
November	3568.1581	3500.0759	3520.2977
December	3499.9145	3484.3002	3491.1846