2024 QAR to VND Historical Review

YEARLY HIGH

7014.6339 VND

YEARLY LOW

6612.6718 VND

YEARLY AVERAGE

6877.8999 VND

2024 QAR to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 7014.6339. Conversely, the yearly low was recorded on February 4, dropping to 6612.6718.

This high-to-low spread represents a total annual volatility of 401.9621 VND. From a start-to-finish perspective, comparing the January average rate of 6719.6873 to the December average rate of 6978.4092, the exchange rate registered a net change of 3.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 7014.6339 was up 3.42% compared to the 2023 peak of 6782.5021, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,073,170 VND

2023 Average 32,712,153 VND

Yearly Trough Low 33,063,359 VND

Transaction Impact: A difference of 2,009,810.63 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

7009.9598

6693.2989

JanuMarcMayJulySeptNove

QAR 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 6851.8407, compared to 6903.9592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 52.1185 points.

H1 Avg (Jan–Jun) 6851.8407

H2 Avg (Jul–Dec) 6903.9592

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 219.1121 VND (High: 6977.5682 / Low: 6758.4561). On the other end, March was the most stable month, with a tight range of 55.6452 VND (High: 6819.1125 / Low: 6763.4674).

October Spread (Volatile) ±219.1121

March Spread (Stable) ±55.6452

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 August and September, when the average rate fell by 116.1113 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -116.1113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 6983.5714) against the same month in 2023 (average: 6444.5684), the exchange rate shifted by +539.0030 (+8.36%).

2024 Avg (May) 6983.5714

2023 Avg (May) 6444.5684

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6760.7078	6637.5015	6719.6873
February	6776.5531	6612.6718	6723.1555
March	6819.1125	6763.4674	6788.9723
April	6992.8721	6811.3156	6912.9848
May	7014.6339	6958.4176	6983.5714
June	6996.6364	6920.3602	6982.6729
July	6991.9659	6926.6717	6963.4350
August	6978.4876	6814.8612	6881.1159
September	6829.6493	6733.9815	6765.0046
October	6977.5682	6758.4561	6872.2381
November	6982.9754	6922.3283	6963.5525
December	7010.6599	6951.0641	6978.4092