2024 MAD to VND Historical Review

YEARLY HIGH

2610.2162 VND

YEARLY LOW

2416.4445 VND

YEARLY AVERAGE

2521.3833 VND

2024 MAD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 2610.2162. Conversely, the yearly low was recorded on February 4, dropping to 2416.4445.

This high-to-low spread represents a total annual volatility of 193.7717 VND. From a start-to-finish perspective, comparing the January average rate of 2460.0173 to the December average rate of 2537.9857, the exchange rate registered a net change of 3.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2610.2162 was up 5.49% compared to the 2023 peak of 2474.3555, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,051,081 VND

2023 Average 11,777,146 VND

Yearly Trough Low 12,082,222 VND

Transaction Impact: A difference of 968,858.49 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2587.4952

2421.8072

JanuMarcMayJulySeptNove

MAD 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 2492.0926, compared to 2550.6739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 58.5812 points.

H1 Avg (Jan–Jun) 2492.0926

H2 Avg (Jul–Dec) 2550.6739

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 72.0496 VND (High: 2610.2162 / Low: 2538.1666). On the other end, March was the most stable month, with a tight range of 29.0475 VND (High: 2475.1705 / Low: 2446.1230).

August Spread (Volatile) ±72.0496

March Spread (Stable) ±29.0475

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 33.5469 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -33.5469

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2567.1750) against the same month in 2023 (average: 2411.0815), the exchange rate shifted by +156.0935 (+6.47%).

2024 Avg (August) 2567.1750

2023 Avg (August) 2411.0815

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2494.7942	2437.4827	2460.0173
February	2456.4391	2416.4445	2435.6145
March	2475.1705	2446.1230	2459.0109
April	2517.2350	2459.1644	2494.6582
May	2569.5984	2506.5335	2546.9367
June	2574.6071	2535.1423	2556.3182
July	2597.1214	2543.1704	2573.6879
August	2610.2162	2538.1666	2567.1750
September	2553.2659	2512.9097	2533.6282
October	2572.4832	2521.7369	2543.3289
November	2582.1862	2523.1029	2548.2376
December	2553.3774	2519.9310	2537.9857