YEARLY HIGH
6563.6384 VND
YEARLY LOW
5267.4320 VND
YEARLY AVERAGE
6294.0687 VND

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.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 131,272,767 VND
2023 Average 113,731,485 VND
Yearly Trough Low 105,348,639 VND
Transaction Impact: A difference of 25,924,128.04 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6467.5192
6060.6925
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 6246.8597
H2 Avg (Jul–Dec) 6341.2777

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±909.5095
October Spread (Stable) ±58.9046

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -100.4488

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (August) 6433.6169
2023 Avg (August) 5840.6328

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