2024 GMD to VND Historical Review

YEARLY HIGH

375.9111 VND

YEARLY LOW

346.0143 VND

YEARLY AVERAGE

364.2433 VND

2024 GMD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 26, valuing the pair at 375.9111. Conversely, the yearly low was recorded on September 11, dropping to 346.0143.

This high-to-low spread represents a total annual volatility of 29.8968 VND. From a start-to-finish perspective, comparing the January average rate of 363.8054 to the December average rate of 354.0016, the exchange rate registered a net change of -2.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 375.9111 was down 6.19% compared to the 2023 peak of 400.7214, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,879,555 VND

2023 Average 1,915,548 VND

Yearly Trough Low 1,730,072 VND

Transaction Impact: A difference of 149,483.78 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

377.6344

351.8532

JanuMarcMayJulySeptNove

GMD 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 368.6511, compared to 359.8355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.8156 points.

H1 Avg (Jan–Jun) 368.6511

H2 Avg (Jul–Dec) 359.8355

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 15.8548 VND (High: 365.5633 / Low: 349.7085). On the other end, June was the most stable month, with a tight range of 0.9980 VND (High: 375.9111 / Low: 374.9131).

August Spread (Volatile) ±15.8548

June Spread (Stable) ±0.9980

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 15.5555 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -15.5555

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 375.4860) against the same month in 2023 (average: 395.3035), the exchange rate shifted by -19.8175 (-5.01%).

2024 Avg (June) 375.4860

2023 Avg (June) 395.3035

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	365.4660	360.4128	363.8054
February	366.2527	360.5316	362.3699
March	365.4023	362.6151	363.9467
April	374.7994	365.3775	370.8837
May	375.8632	374.1010	375.4146
June	375.9111	374.9131	375.4860
July	375.7343	363.2734	374.0948
August	365.5633	349.7085	358.5393
September	359.6144	346.0143	354.2900
October	368.0700	352.3857	361.5693
November	360.3302	353.4947	356.5180
December	357.7927	352.3312	354.0016