2024 GNF to VND Historical Review

YEARLY HIGH

2.9731 VND

YEARLY LOW

2.8130 VND

YEARLY AVERAGE

2.9094 VND

2024 GNF to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 2.9731. Conversely, the yearly low was recorded on February 3, dropping to 2.8130.

This high-to-low spread represents a total annual volatility of 0.1601 VND. From a start-to-finish perspective, comparing the January average rate of 2.8483 to the December average rate of 2.9454, the exchange rate registered a net change of 3.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9731 was up 3.54% compared to the 2023 peak of 2.8713, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,865 VND

2023 Average 13,829 VND

Yearly Trough Low 14,065 VND

Transaction Impact: A difference of 800.57 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9720

2.8363

JanuMarcMayJulySeptNove

GNF 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 2.9037, compared to 2.9151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 2.9037

H2 Avg (Jul–Dec) 2.9151

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1087 VND (High: 2.9455 / Low: 2.8368). On the other end, December was the most stable month, with a tight range of 0.0190 VND (High: 2.9582 / Low: 2.9392).

October Spread (Volatile) ±0.1087

December Spread (Stable) ±0.0190

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 August and September, when the average rate fell by 0.0533 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0533

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 2.9607) against the same month in 2023 (average: 2.7208), the exchange rate shifted by +0.2399 (+8.82%).

2024 Avg (May) 2.9607

2023 Avg (May) 2.7208

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8619	2.8146	2.8483
February	2.8708	2.8130	2.8477
March	2.8951	2.8669	2.8771
April	2.9649	2.8852	2.9311
May	2.9731	2.9489	2.9607
June	2.9638	2.9363	2.9571
July	2.9618	2.9291	2.9474
August	2.9468	2.8781	2.9054
September	2.8815	2.8355	2.8521
October	2.9455	2.8368	2.9000
November	2.9556	2.9167	2.9403
December	2.9582	2.9392	2.9454