2024 ETB to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ETB to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ETB to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 448.8079. Conversely, the yearly low was recorded on December 31, dropping to 199.2167.
This high-to-low spread represents a total annual volatility of 249.5913 VND. From a start-to-finish perspective, comparing the January average rate of 433.8719 to the December average rate of 200.7426, the exchange rate registered a net change of -53.73% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 448.8079 was up 0.70% compared to the 2023 peak of 445.6838, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ETB 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 438.5137, compared to 252.0803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 186.4335 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 108.9559 VND (High: 443.6923 / Low: 334.7365). On the other end, May was the most stable month, with a tight range of 4.1790 VND (High: 446.2805 / Low: 442.1015).
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 July and August, when the average rate fell by 190.0659 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 442.5223) against the same month in 2023 (average: 433.2326), the exchange rate shifted by +9.2897 (+2.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 436.2822 | 429.7246 | 433.8719 |
| February | 435.0252 | 426.2632 | 432.6181 |
| March | 439.7509 | 434.0422 | 435.7930 |
| April | 448.8079 | 436.3339 | 442.5223 |
| May | 446.2805 | 442.1015 | 443.7961 |
| June | 446.1284 | 439.6988 | 442.4810 |
| July | 443.6923 | 334.7365 | 436.5984 |
| August | 320.0456 | 220.2259 | 246.5325 |
| September | 225.1941 | 205.2238 | 213.5731 |
| October | 212.6385 | 204.2946 | 208.1133 |
| November | 210.9236 | 200.8334 | 206.9219 |
| December | 205.0217 | 199.2167 | 200.7426 |