YEARLY HIGH
27978.5260 VND
YEARLY LOW
26156.5845 VND
YEARLY AVERAGE
27110.3123 VND

2024 EUR to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 27978.5260. Conversely, the yearly low was recorded on February 13, dropping to 26156.5845.

This high-to-low spread represents a total annual volatility of 1821.9415 VND. From a start-to-finish perspective, comparing the January average rate of 26709.2772 to the December average rate of 26621.2154, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 27978.5260 was up 3.40% compared to the 2023 peak of 27057.5120, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 139,892,630 VND
2023 Average 128,987,408 VND
Yearly Trough Low 130,782,923 VND
Transaction Impact: A difference of 9,109,707.27 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

27717.3581
26327.6032
JanuMarcMayJulySeptNove

EUR 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 26987.1678, compared to 27233.4568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 246.2890 points.

H1 Avg (Jan–Jun) 26987.1678
H2 Avg (Jul–Dec) 27233.4568

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1231.1189 VND (High: 27712.6369 / Low: 26481.5179). On the other end, March was the most stable month, with a tight range of 386.8036 VND (High: 27116.7983 / Low: 26729.9948).

November Spread (Volatile) ±1231.1189
March Spread (Stable) ±386.8036

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 339.5685 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -339.5685

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 27601.5452) against the same month in 2023 (average: 26041.1042), the exchange rate shifted by +1560.4410 (+5.99%).

2024 Avg (August) 27601.5452
2023 Avg (August) 26041.1042

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26894.6976 26390.3631 26709.2772
February 26767.5466 26156.5845 26443.4161
March 27116.7983 26729.9948 26877.0139
April 27232.4511 26631.5941 26997.5758
May 27712.7725 27164.8123 27512.3250
June 27746.7699 27200.5691 27383.3989
July 27758.2968 27327.5058 27542.2249
August 27978.5260 27207.7160 27601.5452
September 27544.8210 27049.0650 27379.5847
October 27516.2663 27107.7277 27295.3866
November 27712.6369 26481.5179 26960.7839
December 26886.2715 26346.1985 26621.2154