2024 CRC to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CRC to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CRC to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 50.8410. Conversely, the yearly low was recorded on January 1, dropping to 46.5790.
This high-to-low spread represents a total annual volatility of 4.2620 VND. From a start-to-finish perspective, comparing the January average rate of 47.3571 to the December average rate of 50.2564, the exchange rate registered a net change of 6.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 50.8410 was up 8.68% compared to the 2023 peak of 46.7785, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CRC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CRC 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 48.5828, compared to 48.6360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0532 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 1.8625 VND (High: 49.3760 / Low: 47.5136). On the other end, December was the most stable month, with a tight range of 0.6892 VND (High: 50.6551 / Low: 49.9659).
Growth Streaks & Declines
TrendsBetween January and April, 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 May and June, when the average rate fell by 1.2126 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 49.9614) against the same month in 2023 (average: 43.8213), the exchange rate shifted by +6.1400 (+14.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 48.1019 | 46.5790 | 47.3571 |
| February | 48.1275 | 46.8459 | 47.4988 |
| March | 49.3907 | 48.0023 | 48.6219 |
| April | 50.8410 | 49.0257 | 49.9614 |
| May | 49.9859 | 48.8630 | 49.6352 |
| June | 48.8780 | 47.7619 | 48.4226 |
| July | 48.7672 | 47.5109 | 48.1878 |
| August | 48.6166 | 47.0257 | 47.7235 |
| September | 48.1057 | 46.6454 | 47.4410 |
| October | 49.3760 | 47.5136 | 48.5217 |
| November | 50.1337 | 49.1362 | 49.6854 |
| December | 50.6551 | 49.9659 | 50.2564 |