YEARLY HIGH
448.8079 VND
YEARLY LOW
199.2167 VND
YEARLY AVERAGE
345.2970 VND

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.

Transfer Payout Power Comparison

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

Yearly Peak High 2,244,040 VND
2023 Average 2,177,048 VND
Yearly Trough Low 996,083 VND
Transaction Impact: A difference of 1,247,956.38 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

468.1015
176.4372
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 438.5137
H2 Avg (Jul–Dec) 252.0803

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±108.9559
May Spread (Stable) ±4.1790

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 July and August, when the average rate fell by 190.0659 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -190.0659

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (April) 442.5223
2023 Avg (April) 433.2326

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