2024 PHP to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PHP to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PHP to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 445.7540. Conversely, the yearly low was recorded on December 18, dropping to 428.2832.
This high-to-low spread represents a total annual volatility of 17.4708 VND. From a start-to-finish perspective, comparing the January average rate of 437.4687 to the December average rate of 435.1183, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 445.7540 was up 1.22% compared to the 2023 peak of 440.3906, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PHP 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 438.7068, compared to 436.0477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6591 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 11.8098 VND (High: 440.0931 / Low: 428.2832). On the other end, June was the most stable month, with a tight range of 4.3433 VND (High: 435.7989 / Low: 431.4557).
Growth Streaks & Declines
TrendsBetween June and September, 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 6.9262 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 442.2232) against the same month in 2023 (average: 431.2785), the exchange rate shifted by +10.9446 (+2.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 440.0459 | 433.2433 | 437.4687 |
| February | 440.9200 | 432.6642 | 437.2729 |
| March | 445.7540 | 439.2894 | 442.2232 |
| April | 443.6819 | 438.1386 | 441.4595 |
| May | 445.4020 | 434.6450 | 440.3715 |
| June | 435.7989 | 431.4557 | 433.4453 |
| July | 436.5896 | 431.2466 | 433.9296 |
| August | 443.9217 | 432.5191 | 439.4700 |
| September | 442.3604 | 436.9146 | 439.7846 |
| October | 439.7303 | 431.5835 | 435.8230 |
| November | 435.4132 | 430.3891 | 432.1607 |
| December | 440.0931 | 428.2832 | 435.1183 |