YEARLY HIGH
72.0020 VND
YEARLY LOW
63.6380 VND
YEARLY AVERAGE
68.5912 VND

2024 HUF to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 72.0020. Conversely, the yearly low was recorded on December 19, dropping to 63.6380.

This high-to-low spread represents a total annual volatility of 8.3641 VND. From a start-to-finish perspective, comparing the January average rate of 69.9108 to the December average rate of 64.6155, the exchange rate registered a net change of -7.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 72.0020 was up 1.26% compared to the 2023 peak of 71.1067, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 72,002,037 VND
2023 Average 67,579,474 VND
Yearly Trough Low 63,637,981 VND
Transaction Impact: A difference of 8,364,056.70 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

71.6630
63.9748
JanuMarcMayJulySeptNove

HUF 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 69.2129, compared to 67.9695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2434 points.

H1 Avg (Jan–Jun) 69.2129
H2 Avg (Jul–Dec) 67.9695

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 3.4598 VND (High: 67.8117 / Low: 64.3519). On the other end, October was the most stable month, with a tight range of 1.1670 VND (High: 68.5113 / Low: 67.3443).

November Spread (Volatile) ±3.4598
October Spread (Stable) ±1.1670

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.0538 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.0538

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 71.0223) against the same month in 2023 (average: 68.4704), the exchange rate shifted by +2.5519 (+3.73%).

2024 Avg (May) 71.0223
2023 Avg (May) 68.4704

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 70.9081 68.3129 69.9108
February 69.3284 67.4017 68.1516
March 68.8347 67.3268 68.0235
April 69.5447 67.4676 68.7497
May 72.0020 69.5726 71.0223
June 71.0746 68.4146 69.4194
July 70.9990 69.2049 70.1737
August 71.0325 68.6644 69.9177
September 70.1230 68.2952 69.3493
October 68.5113 67.3443 67.9072
November 67.8117 64.3519 65.8533
December 65.2970 63.6380 64.6155