2024 EGP to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 EGP to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the EGP to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 799.4112. Conversely, the yearly low was recorded on March 6, dropping to 498.1136.
This high-to-low spread represents a total annual volatility of 301.2976 VND. From a start-to-finish perspective, comparing the January average rate of 792.5399 to the December average rate of 502.7558, the exchange rate registered a net change of -36.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 799.4112 was down 16.41% compared to the 2023 peak of 956.3134, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
EGP 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 624.2894, compared to 513.2506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 111.0388 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 301.2976 VND (High: 799.4112 / Low: 498.1136). On the other end, September was the most stable month, with a tight range of 7.5819 VND (High: 512.7910 / Low: 505.2092).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 230.1035 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 562.4382) against the same month in 2023 (average: 766.1387), the exchange rate shifted by -203.7005 (-26.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 796.8637 | 782.0505 | 792.5399 |
| February | 798.1875 | 780.5484 | 792.5417 |
| March | 799.4112 | 498.1136 | 562.4382 |
| April | 530.6795 | 520.7055 | 526.7192 |
| May | 545.8185 | 529.2174 | 538.1459 |
| June | 540.1104 | 526.1850 | 533.3512 |
| July | 530.4599 | 519.8606 | 526.7194 |
| August | 518.6001 | 508.7929 | 512.0047 |
| September | 512.7910 | 505.2092 | 508.6713 |
| October | 521.5386 | 509.9122 | 515.5820 |
| November | 518.9157 | 511.3026 | 513.7704 |
| December | 510.6700 | 498.2683 | 502.7558 |