2024 MXN to VND Historical Review

YEARLY HIGH

1537.5617 VND

YEARLY LOW

1221.1694 VND

YEARLY AVERAGE

1374.9695 VND

2024 MXN to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 1537.5617. Conversely, the yearly low was recorded on December 31, dropping to 1221.1694.

This high-to-low spread represents a total annual volatility of 316.3923 VND. From a start-to-finish perspective, comparing the January average rate of 1435.2762 to the December average rate of 1255.2330, the exchange rate registered a net change of -12.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1537.5617 was up 6.79% compared to the 2023 peak of 1439.7439, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 76,878,084 VND

2023 Average 67,319,152 VND

Yearly Trough Low 61,058,469 VND

Transaction Impact: A difference of 15,819,615.64 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1541.3253

1221.6008

JanuMarcMayJulySeptNove

MXN 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 1459.2791, compared to 1290.6600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 168.6191 points.

H1 Avg (Jan–Jun) 1459.2791

H2 Avg (Jul–Dec) 1290.6600

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 142.9880 VND (High: 1499.1684 / Low: 1356.1805). On the other end, February was the most stable month, with a tight range of 26.2103 VND (High: 1445.8353 / Low: 1419.6250).

June Spread (Volatile) ±142.9880

February Spread (Stable) ±26.2103

Growth Streaks & Declines

Trends

Between 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 May and June, when the average rate fell by 114.9369 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -114.9369

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 1514.6816) against the same month in 2023 (average: 1323.7405), the exchange rate shifted by +190.9411 (+14.42%).

2024 Avg (May) 1514.6816

2023 Avg (May) 1323.7405

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1452.8581	1418.4016	1435.2762
February	1445.8353	1419.6250	1433.3767
March	1498.3780	1448.9389	1474.5041
April	1528.8509	1473.9149	1498.0910
May	1537.5617	1492.4096	1514.6816
June	1499.1684	1356.1805	1399.7447
July	1442.3971	1347.1588	1401.9800
August	1345.2047	1253.4374	1307.6986
September	1288.1138	1227.6841	1257.6743
October	1288.3946	1253.4871	1273.1296
November	1280.6704	1229.6933	1248.2445
December	1268.4947	1221.1694	1255.2330