2024 INR to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 INR to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the INR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 26, valuing the pair at 306.6884. Conversely, the yearly low was recorded on January 1, dropping to 291.6835.
This high-to-low spread represents a total annual volatility of 15.0048 VND. From a start-to-finish perspective, comparing the January average rate of 294.5687 to the December average rate of 299.0545, the exchange rate registered a net change of 1.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 306.6884 was up 3.51% compared to the 2023 peak of 296.2831, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 INR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
INR to VND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 299.8915, compared to 298.9715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9200 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 8.8574 VND (High: 302.2523 / Low: 293.3949). On the other end, November was the most stable month, with a tight range of 2.2013 VND (High: 301.7191 / Low: 299.5178).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 5.0263 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2024: 305.2137) against the same month in 2023 (average: 285.0571), the exchange rate shifted by +20.1566 (+7.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 296.1210 | 291.6835 | 294.5687 |
| February | 297.7594 | 293.3581 | 295.2442 |
| March | 298.5060 | 296.2833 | 297.6592 |
| April | 305.5301 | 297.3719 | 301.8752 |
| May | 306.6884 | 303.8542 | 305.2137 |
| June | 306.1291 | 303.7433 | 304.7878 |
| July | 305.0758 | 301.5777 | 303.5054 |
| August | 301.2016 | 295.8611 | 298.4791 |
| September | 296.5922 | 292.4882 | 294.0724 |
| October | 302.2523 | 293.3949 | 298.0432 |
| November | 301.7191 | 299.5178 | 300.6745 |
| December | 299.9882 | 296.7516 | 299.0545 |