2024 LBP to VND Historical Review

YEARLY HIGH

1.6392 VND

YEARLY LOW

0.2738 VND

YEARLY AVERAGE

0.4744 VND

2024 LBP to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 1.6392. Conversely, the yearly low was recorded on September 15, dropping to 0.2738.

This high-to-low spread represents a total annual volatility of 1.3654 VND. From a start-to-finish perspective, comparing the January average rate of 1.6288 to the December average rate of 0.2840, the exchange rate registered a net change of -82.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.6392 was down 89.51% compared to the 2023 peak of 15.6303, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,196 VND

2023 Average 14,778 VND

Yearly Trough Low 1,369 VND

Transaction Impact: A difference of 6,827.00 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.7641

0.1398

JanuMarcMayJulySeptNove

LBP 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 0.6679, compared to 0.2808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3871 points.

H1 Avg (Jan–Jun) 0.6679

H2 Avg (Jul–Dec) 0.2808

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 1.3611 VND (High: 1.6358 / Low: 0.2747). On the other end, December was the most stable month, with a tight range of 0.0024 VND (High: 0.2854 / Low: 0.2830).

February Spread (Volatile) ±1.3611

December Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.9770 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9770

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.6288) against the same month in 2023 (average: 15.4823), the exchange rate shifted by -13.8535 (-89.48%).

2024 Avg (January) 1.6288

2023 Avg (January) 15.4823

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6392	1.6102	1.6288
February	1.6358	0.2747	1.2531
March	0.2778	0.2747	0.2761
April	0.2848	0.2767	0.2813
May	0.2857	0.2829	0.2842
June	0.2849	0.2819	0.2841
July	0.2850	0.2814	0.2834
August	0.2836	0.2772	0.2798
September	0.2778	0.2738	0.2751
October	0.2837	0.2749	0.2795
November	0.2843	0.2808	0.2831
December	0.2854	0.2830	0.2840