2024 CVE to VND Historical Review

YEARLY HIGH

253.5254 VND

YEARLY LOW

236.8951 VND

YEARLY AVERAGE

245.6413 VND

2024 CVE to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 253.5254. Conversely, the yearly low was recorded on February 6, dropping to 236.8951.

This high-to-low spread represents a total annual volatility of 16.6302 VND. From a start-to-finish perspective, comparing the January average rate of 242.0571 to the December average rate of 241.5617, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 253.5254 was up 3.76% compared to the 2023 peak of 244.3489, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,267,627 VND

2023 Average 1,167,602 VND

Yearly Trough Low 1,184,476 VND

Transaction Impact: A difference of 83,151.16 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

250.5858

238.5182

JanuMarcMayJulySeptNove

CVE 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 244.5508, compared to 246.7318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1811 points.

H1 Avg (Jan–Jun) 244.5508

H2 Avg (Jul–Dec) 246.7318

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 10.4724 VND (High: 250.4582 / Low: 239.9859). On the other end, October was the most stable month, with a tight range of 3.8096 VND (High: 248.8493 / Low: 245.0397).

November Spread (Volatile) ±10.4724

October Spread (Stable) ±3.8096

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 2.9381 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.9381

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 249.5802) against the same month in 2023 (average: 236.0748), the exchange rate shifted by +13.5054 (+5.72%).

2024 Avg (August) 249.5802

2023 Avg (August) 236.0748

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	243.7124	239.6152	242.0571
February	242.4476	236.8951	239.5238
March	245.2772	241.1247	243.4554
April	246.7313	241.4832	245.1260
May	251.4620	245.2704	249.0466
June	250.9855	246.0923	248.0957
July	251.4982	247.0257	249.5070
August	253.5254	245.9045	249.5802
September	249.6580	245.5104	247.9620
October	248.8493	245.0397	247.2805
November	250.4582	239.9859	244.4998
December	243.6916	239.6019	241.5617