2024 HNL to VND Historical Review

YEARLY HIGH

1033.2184 VND

YEARLY LOW

978.1700 VND

YEARLY AVERAGE

1007.8549 VND

2024 HNL to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HNL to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 1033.2184. Conversely, the yearly low was recorded on February 4, dropping to 978.1700.

This high-to-low spread represents a total annual volatility of 55.0483 VND. From a start-to-finish perspective, comparing the January average rate of 991.6317 to the December average rate of 1002.7926, the exchange rate registered a net change of 1.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1033.2184 was up 3.08% compared to the 2023 peak of 1002.3886, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,166,092 VND

2023 Average 4,832,480 VND

Yearly Trough Low 4,890,850 VND

Transaction Impact: A difference of 275,241.61 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1032.3068

987.1892

JanuMarcMayJulySeptNove

HNL 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 1009.4794, compared to 1006.2304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2490 points.

H1 Avg (Jan–Jun) 1009.4794

H2 Avg (Jul–Dec) 1006.2304

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 31.0732 VND (High: 1032.9225 / Low: 1001.8493). On the other end, December was the most stable month, with a tight range of 6.8832 VND (High: 1006.8041 / Low: 999.9210).

April Spread (Volatile) ±31.0732

December Spread (Stable) ±6.8832

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 17.7421 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -17.7421

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 1028.5470) against the same month in 2023 (average: 952.8227), the exchange rate shifted by +75.7244 (+7.95%).

2024 Avg (May) 1028.5470

2023 Avg (May) 952.8227

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	996.7970	980.8348	991.6317
February	999.4794	978.1700	990.9490
March	1007.7253	995.5582	1000.1057
April	1032.9225	1001.8493	1019.3233
May	1033.2184	1023.2273	1028.5470
June	1032.3619	1014.8834	1026.3198
July	1029.1140	1018.1583	1024.3412
August	1025.6073	1000.3916	1010.0271
September	1004.6829	984.7620	992.2850
October	1014.8625	989.0655	1001.0993
November	1012.7614	996.5373	1006.8370
December	1006.8041	999.9210	1002.7926