2024 FKP to VND Historical Review

YEARLY HIGH

33057.5298 VND

YEARLY LOW

30562.5146 VND

YEARLY AVERAGE

32019.5200 VND

2024 FKP to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 33057.5298. Conversely, the yearly low was recorded on February 5, dropping to 30562.5146.

This high-to-low spread represents a total annual volatility of 2495.0151 VND. From a start-to-finish perspective, comparing the January average rate of 31110.9213 to the December average rate of 32117.8366, the exchange rate registered a net change of 3.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 33057.5298 was up 6.03% compared to the 2023 peak of 31176.7024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 165,287,649 VND

2023 Average 148,247,980 VND

Yearly Trough Low 152,812,573 VND

Transaction Impact: A difference of 12,475,075.57 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

32849.3603

30769.2784

JanuMarcMayJulySeptNove

FKP 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 31575.4181, compared to 32463.6219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 888.2038 points.

H1 Avg (Jan–Jun) 31575.4181

H2 Avg (Jul–Dec) 32463.6219

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1207.5388 VND (High: 33057.5298 / Low: 31849.9909). On the other end, June was the most stable month, with a tight range of 443.9508 VND (High: 32587.0100 / Low: 32143.0593).

November Spread (Volatile) ±1207.5388

June Spread (Stable) ±443.9508

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 337.7857 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -337.7857

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 32338.2344) against the same month in 2023 (average: 30236.6782), the exchange rate shifted by +2101.5562 (+6.95%).

2024 Avg (November) 32338.2344

2023 Avg (November) 30236.6782

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31298.0727	30717.0126	31110.9213
February	31291.3549	30562.5146	30942.6185
March	31729.1614	31204.4109	31417.4216
April	31832.1743	31120.0440	31500.0673
May	32505.5371	31764.7107	32150.4520
June	32587.0100	32143.0593	32331.0282
July	33003.8155	32189.2509	32656.0502
August	33010.7355	31890.7102	32413.8324
September	33034.4715	32030.8428	32579.7579
October	32975.7365	32435.1100	32676.0201
November	33057.5298	31849.9909	32338.2344
December	32420.0921	31823.8019	32117.8366