2024 PLN to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PLN to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PLN to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 6563.6384. Conversely, the yearly low was recorded on January 1, dropping to 5267.4320.
This high-to-low spread represents a total annual volatility of 1296.2064 VND. From a start-to-finish perspective, comparing the January average rate of 6094.5947 to the December average rate of 6235.4240, the exchange rate registered a net change of 2.31% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 6563.6384 was up 4.82% compared to the 2023 peak of 6261.9182, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PLN 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 6246.8597, compared to 6341.2777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 94.4180 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 909.5095 VND (High: 6176.9414 / Low: 5267.4320). On the other end, October was the most stable month, with a tight range of 58.9046 VND (High: 6353.1260 / Low: 6294.2213).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 100.4488 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 6433.6169) against the same month in 2023 (average: 5840.6328), the exchange rate shifted by +592.9841 (+10.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6176.9414 | 5267.4320 | 6094.5947 |
| February | 6209.3928 | 6028.4250 | 6114.2416 |
| March | 6310.7000 | 6189.2668 | 6238.9057 |
| April | 6365.0130 | 6150.0181 | 6273.4025 |
| May | 6501.9893 | 6280.1684 | 6423.2740 |
| June | 6493.2520 | 6219.2328 | 6336.7396 |
| July | 6516.5208 | 6330.7966 | 6432.7568 |
| August | 6563.6384 | 6324.0531 | 6433.6169 |
| September | 6470.9530 | 6306.5116 | 6401.2419 |
| October | 6353.1260 | 6294.2213 | 6322.5378 |
| November | 6362.4993 | 6104.6105 | 6222.0889 |
| December | 6302.2140 | 6165.1792 | 6235.4240 |