2024 LSL to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 LSL to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the LSL to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 1454.1596. Conversely, the yearly low was recorded on February 13, dropping to 1272.9674.
This high-to-low spread represents a total annual volatility of 181.1922 VND. From a start-to-finish perspective, comparing the January average rate of 1302.7607 to the December average rate of 1395.1430, the exchange rate registered a net change of 7.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1454.1596 was up 4.34% compared to the 2023 peak of 1393.6483, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LSL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
LSL 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 1333.8690, compared to 1402.4132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 68.5441 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 88.6042 VND (High: 1423.3254 / Low: 1334.7212). On the other end, January was the most stable month, with a tight range of 34.5363 VND (High: 1315.8434 / Low: 1281.3071).
Growth Streaks & Declines
TrendsBetween February and May, 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 November and December, when the average rate fell by 19.8330 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 1414.9760) against the same month in 2023 (average: 1308.4651), the exchange rate shifted by +106.5109 (+8.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1315.8434 | 1281.3071 | 1302.7607 |
| February | 1312.3948 | 1272.9674 | 1290.8140 |
| March | 1328.2655 | 1290.3456 | 1310.9296 |
| April | 1354.1684 | 1311.2157 | 1334.4915 |
| May | 1407.4898 | 1357.3858 | 1383.0445 |
| June | 1423.3254 | 1334.7212 | 1381.1737 |
| July | 1415.9288 | 1373.7148 | 1391.6755 |
| August | 1410.2775 | 1351.6786 | 1388.5108 |
| September | 1432.7369 | 1370.7968 | 1399.2814 |
| October | 1445.9555 | 1409.1143 | 1424.8922 |
| November | 1454.1596 | 1391.4299 | 1414.9760 |
| December | 1438.1691 | 1351.0809 | 1395.1430 |