2024 ISK to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ISK to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ISK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 186.3904. Conversely, the yearly low was recorded on February 13, dropping to 175.9039.
This high-to-low spread represents a total annual volatility of 10.4865 VND. From a start-to-finish perspective, comparing the January average rate of 178.8208 to the December average rate of 183.3033, the exchange rate registered a net change of 2.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 186.3904 was up 0.72% compared to the 2023 peak of 185.0620, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ISK 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 180.5258, compared to 182.6857 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1599 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 5.0364 VND (High: 182.6336 / Low: 177.5972). On the other end, December was the most stable month, with a tight range of 2.7287 VND (High: 184.7848 / Low: 182.0561).
Growth Streaks & Declines
TrendsBetween April and July, 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 July and August, when the average rate fell by 2.5011 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 183.7424) against the same month in 2023 (average: 173.9704), the exchange rate shifted by +9.7719 (+5.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 181.7094 | 176.6908 | 178.8208 |
| February | 179.4474 | 175.9039 | 177.8537 |
| March | 182.7139 | 178.0131 | 180.2030 |
| April | 181.2076 | 176.7429 | 179.5300 |
| May | 185.4314 | 181.1546 | 183.3082 |
| June | 185.5900 | 182.3163 | 183.4389 |
| July | 185.9268 | 182.5560 | 184.2555 |
| August | 183.2895 | 179.7327 | 181.7544 |
| September | 182.6336 | 177.5972 | 179.9882 |
| October | 184.9521 | 181.5125 | 183.0702 |
| November | 186.3904 | 181.7947 | 183.7424 |
| December | 184.7848 | 182.0561 | 183.3033 |