YEARLY HIGH
122.2767 VND
YEARLY LOW
115.3399 VND
YEARLY AVERAGE
119.7534 VND

2024 GYD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 122.2767. Conversely, the yearly low was recorded on February 4, dropping to 115.3399.

This high-to-low spread represents a total annual volatility of 6.9368 VND. From a start-to-finish perspective, comparing the January average rate of 116.9801 to the December average rate of 121.5636, the exchange rate registered a net change of 3.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 122.2767 was up 3.41% compared to the 2023 peak of 118.2470, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 611,383 VND
2023 Average 567,198 VND
Yearly Trough Low 576,699 VND
Transaction Impact: A difference of 34,683.79 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

122.0849
116.5160
JanuMarcMayJulySeptNove

GYD 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 119.2830, compared to 120.2239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9408 points.

H1 Avg (Jan–Jun) 119.2830
H2 Avg (Jul–Dec) 120.2239

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 3.7875 VND (High: 121.5694 / Low: 117.7819). On the other end, December was the most stable month, with a tight range of 0.9851 VND (High: 122.1585 / Low: 121.1734).

October Spread (Volatile) ±3.7875
December Spread (Stable) ±0.9851

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 2.0017 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 121.6208) against the same month in 2023 (average: 111.0028), the exchange rate shifted by +10.6179 (+9.57%).

2024 Avg (May) 121.6208
2023 Avg (May) 111.0028

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 117.5905 115.5839 116.9801
February 117.9769 115.3399 117.0407
March 118.9284 115.3416 118.1008
April 121.8864 118.4384 120.3385
May 122.2767 121.0843 121.6208
June 122.0133 120.6575 121.6172
July 121.8858 120.7135 121.3218
August 121.6381 118.5900 119.7776
September 119.1208 117.1454 117.7759
October 121.5694 117.7819 119.6699
November 122.0394 120.1344 121.2344
December 122.1585 121.1734 121.5636