2024 DOP to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DOP to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DOP to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 438.6055. Conversely, the yearly low was recorded on October 1, dropping to 407.2674.
This high-to-low spread represents a total annual volatility of 31.3381 VND. From a start-to-finish perspective, comparing the January average rate of 417.7864 to the December average rate of 418.8406, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 438.6055 was up 0.46% compared to the 2023 peak of 436.6047, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
DOP 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 424.1518, compared to 419.0189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.1329 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was April, with a trading range of 15.6425 VND (High: 433.3267 / Low: 417.6842). On the other end, December was the most stable month, with a tight range of 3.3769 VND (High: 420.4193 / Low: 417.0424).
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 9.4010 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2024: 435.1463) against the same month in 2023 (average: 430.3158), the exchange rate shifted by +4.8305 (+1.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 420.7761 | 413.9964 | 417.7864 |
| February | 420.5820 | 413.1406 | 417.3348 |
| March | 421.0970 | 416.8964 | 418.9842 |
| April | 433.3267 | 417.6842 | 426.2166 |
| May | 438.6055 | 429.5111 | 435.1463 |
| June | 432.2531 | 424.6813 | 429.4427 |
| July | 431.2303 | 425.5939 | 428.9848 |
| August | 427.7928 | 416.0262 | 420.0804 |
| September | 416.9404 | 407.2818 | 410.6794 |
| October | 421.3522 | 407.2674 | 415.1914 |
| November | 422.1446 | 417.4776 | 420.3371 |
| December | 420.4193 | 417.0424 | 418.8406 |