2024 PEN to VND Historical Review

YEARLY HIGH

6904.2093 VND

YEARLY LOW

6296.3588 VND

YEARLY AVERAGE

6676.7831 VND

2024 PEN to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 6904.2093. Conversely, the yearly low was recorded on February 14, dropping to 6296.3588.

This high-to-low spread represents a total annual volatility of 607.8505 VND. From a start-to-finish perspective, comparing the January average rate of 6561.4427 to the December average rate of 6812.2927, the exchange rate registered a net change of 3.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6904.2093 was up 3.92% compared to the 2023 peak of 6643.6713, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,521,047 VND

2023 Average 31,879,380 VND

Yearly Trough Low 31,481,794 VND

Transaction Impact: A difference of 3,039,252.59 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6860.8787

6356.5840

JanuMarcMayJulySeptNove

PEN 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 6656.3271, compared to 6697.2391 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.9120 points.

H1 Avg (Jan–Jun) 6656.3271

H2 Avg (Jul–Dec) 6697.2391

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 242.7595 VND (High: 6896.9763 / Low: 6654.2168). On the other end, December was the most stable month, with a tight range of 94.1929 VND (High: 6863.3685 / Low: 6769.1755).

April Spread (Volatile) ±242.7595

December Spread (Stable) ±94.1929

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 August and September, when the average rate fell by 165.6515 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -165.6515

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 6818.8542) against the same month in 2023 (average: 6370.2400), the exchange rate shifted by +448.6142 (+7.04%).

2024 Avg (May) 6818.8542

2023 Avg (May) 6370.2400

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6626.9493	6401.2991	6561.4427
February	6514.1723	6296.3588	6398.6086
March	6744.0943	6514.2148	6655.6086
April	6896.9763	6654.2168	6777.1839
May	6904.2093	6733.7438	6818.8542
June	6820.2440	6637.6905	6726.2645
July	6832.0138	6620.5415	6742.0789
August	6799.1448	6622.6576	6703.7076
September	6636.8624	6442.9776	6538.0562
October	6765.4394	6610.5759	6678.1803
November	6779.9743	6668.1831	6709.1187
December	6863.3685	6769.1755	6812.2927