2024 GTQ to VND Historical Review

YEARLY HIGH

3316.9087 VND

YEARLY LOW

3088.6611 VND

YEARLY AVERAGE

3228.0512 VND

2024 GTQ to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GTQ to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 3316.9087. Conversely, the yearly low was recorded on February 4, dropping to 3088.6611.

This high-to-low spread represents a total annual volatility of 228.2476 VND. From a start-to-finish perspective, comparing the January average rate of 3131.4616 to the December average rate of 3298.8406, the exchange rate registered a net change of 5.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3316.9087 was up 5.11% compared to the 2023 peak of 3155.5684, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,584,543 VND

2023 Average 15,221,670 VND

Yearly Trough Low 15,443,306 VND

Transaction Impact: A difference of 1,141,237.82 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3315.5785

3114.7237

JanuMarcMayJulySeptNove

GTQ 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 3204.3185, compared to 3251.7838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 47.4653 points.

H1 Avg (Jan–Jun) 3204.3185

H2 Avg (Jul–Dec) 3251.7838

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 100.4263 VND (High: 3286.6033 / Low: 3186.1770). On the other end, July was the most stable month, with a tight range of 24.3275 VND (High: 3283.0622 / Low: 3258.7347).

October Spread (Volatile) ±100.4263

July Spread (Stable) ±24.3275

Growth Streaks & Declines

Trends

Between January and June, 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 August and September, when the average rate fell by 48.9630 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -48.9630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 3298.8406) against the same month in 2023 (average: 3100.5272), the exchange rate shifted by +198.3134 (+6.40%).

2024 Avg (December) 3298.8406

2023 Avg (December) 3100.5272

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3147.5270	3093.6198	3131.4616
February	3162.6371	3088.6611	3136.3202
March	3190.1741	3155.5665	3169.8086
April	3278.7586	3180.2692	3236.7127
May	3292.6548	3261.0768	3275.6122
June	3287.7944	3248.6683	3275.9959
July	3283.0622	3258.7347	3269.9461
August	3283.4164	3206.1038	3234.8310
September	3222.9644	3168.3484	3185.8680
October	3286.6033	3186.1770	3237.0413
November	3304.7293	3251.3811	3284.1758
December	3316.9087	3286.1053	3298.8406