2024 LRD to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 LRD to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the LRD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 141.9346. Conversely, the yearly low was recorded on September 20, dropping to 122.9806.
This high-to-low spread represents a total annual volatility of 18.9540 VND. From a start-to-finish perspective, comparing the January average rate of 129.4352 to the December average rate of 140.7794, the exchange rate registered a net change of 8.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 141.9346 was down 8.38% compared to the 2023 peak of 154.9095, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
LRD 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 129.9535, compared to 132.0320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0786 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 10.0681 VND (High: 141.8167 / Low: 131.7487). On the other end, March was the most stable month, with a tight range of 0.6432 VND (High: 128.7536 / Low: 128.1104).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 2.1491 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 140.7794) against the same month in 2023 (average: 129.0128), the exchange rate shifted by +11.7666 (+9.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 129.8645 | 128.5471 | 129.4352 |
| February | 129.2979 | 128.0917 | 128.6096 |
| March | 128.7536 | 128.1104 | 128.4727 |
| April | 135.1330 | 128.5973 | 130.6526 |
| May | 131.6012 | 130.8119 | 131.4464 |
| June | 131.5249 | 130.6668 | 131.1043 |
| July | 131.0788 | 129.2093 | 130.1821 |
| August | 129.0553 | 126.9184 | 128.0330 |
| September | 127.5674 | 122.9806 | 126.0139 |
| October | 132.1543 | 126.9996 | 129.9973 |
| November | 141.8167 | 131.7487 | 137.1865 |
| December | 141.9346 | 138.4929 | 140.7794 |