YEARLY HIGH
64.4127 VND
YEARLY LOW
58.1609 VND
YEARLY AVERAGE
61.1086 VND

2020 NGN to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 64.4127. Conversely, the yearly low was recorded on December 26, dropping to 58.1609.

This high-to-low spread represents a total annual volatility of 6.2518 VND. From a start-to-finish perspective, comparing the January average rate of 63.9630 to the December average rate of 60.2211, the exchange rate registered a net change of -5.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 64.4127 was down 15.93% compared to the 2019 peak of 76.6135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 64,412,686 VND
2019 Average 64,535,424 VND
Yearly Trough Low 58,160,910 VND
Transaction Impact: A difference of 6,251,775.87 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

64.3879
59.2892
JanuMarcMayJulySeptNove

NGN 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 61.9045, compared to 60.3127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5918 points.

H1 Avg (Jan–Jun) 61.9045
H2 Avg (Jul–Dec) 60.3127

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.5035 VND (High: 64.4127 / Low: 59.9092). On the other end, February was the most stable month, with a tight range of 0.8661 VND (High: 64.0954 / Low: 63.2293).

March Spread (Volatile) ±4.5035
February Spread (Stable) ±0.8661

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 1.9846 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.9846

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 62.9283) against the same month in 2019 (average: 64.4142), the exchange rate shifted by -1.4859 (-2.31%).

2020 Avg (March) 62.9283
2019 Avg (March) 64.4142

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 64.2837 63.3442 63.9630
February 64.0954 63.2293 63.7940
March 64.4127 59.9092 62.9283
April 64.1797 59.6916 60.9437
May 60.3046 58.9622 59.8405
June 60.2840 59.3410 59.9573
July 60.0588 59.1163 59.7141
August 61.4086 59.7146 60.1603
September 61.0197 59.6935 60.4632
October 61.0893 60.0619 60.6728
November 61.0933 60.1813 60.6446
December 61.0303 58.1609 60.2211