2024 JMD to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 JMD to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the JMD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 164.2813. Conversely, the yearly low was recorded on February 4, dropping to 154.6786.
This high-to-low spread represents a total annual volatility of 9.6027 VND. From a start-to-finish perspective, comparing the January average rate of 157.8723 to the December average rate of 162.5220, the exchange rate registered a net change of 2.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 164.2813 was up 2.93% compared to the 2023 peak of 159.6045, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
JMD 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 160.5172, compared to 159.9511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5661 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 4.6337 VND (High: 162.6487 / Low: 158.0150). On the other end, January was the most stable month, with a tight range of 1.7820 VND (High: 158.4245 / Low: 156.6424).
Growth Streaks & Declines
TrendsBetween February and June, 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 2.8941 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 163.4529) against the same month in 2023 (average: 152.1980), the exchange rate shifted by +11.2549 (+7.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 158.4245 | 156.6424 | 157.8723 |
| February | 158.0676 | 154.6786 | 156.6470 |
| March | 161.7132 | 158.1252 | 159.9534 |
| April | 163.8425 | 160.8760 | 162.3749 |
| May | 163.9319 | 161.8841 | 162.8027 |
| June | 164.2813 | 162.3854 | 163.4529 |
| July | 163.6017 | 161.3703 | 162.2756 |
| August | 162.6487 | 158.0150 | 159.7990 |
| September | 159.9506 | 155.8563 | 156.9049 |
| October | 160.3468 | 156.1047 | 158.1586 |
| November | 161.4215 | 158.4167 | 160.0468 |
| December | 163.8403 | 161.1687 | 162.5220 |