2024 RWF to VND Historical Review

YEARLY HIGH

19.7767 VND

YEARLY LOW

18.0547 VND

YEARLY AVERAGE

19.0258 VND

2024 RWF to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 19.7767. Conversely, the yearly low was recorded on September 15, dropping to 18.0547.

This high-to-low spread represents a total annual volatility of 1.7220 VND. From a start-to-finish perspective, comparing the January average rate of 19.2667 to the December average rate of 18.3770, the exchange rate registered a net change of -4.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.7767 was down 10.58% compared to the 2023 peak of 22.1154, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98,883 VND

2023 Average 103,080 VND

Yearly Trough Low 90,273 VND

Transaction Impact: A difference of 8,610.06 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.7274

18.2257

JanuMarcMayJulySeptNove

RWF 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 19.3846, compared to 18.6670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7176 points.

H1 Avg (Jan–Jun) 19.3846

H2 Avg (Jul–Dec) 18.6670

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.7501 VND (High: 19.3210 / Low: 18.5708). On the other end, March was the most stable month, with a tight range of 0.2495 VND (High: 19.3763 / Low: 19.1268).

August Spread (Volatile) ±0.7501

March Spread (Stable) ±0.2495

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 0.5633 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5633

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 19.5247) against the same month in 2023 (average: 21.1521), the exchange rate shifted by -1.6274 (-7.69%).

2024 Avg (April) 19.5247

2023 Avg (April) 21.1521

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.3629	19.1041	19.2667
February	19.3392	18.9884	19.2047
March	19.3763	19.1268	19.2603
April	19.7767	19.2754	19.5247
May	19.7352	19.3839	19.6023
June	19.6130	19.2451	19.4487
July	19.5123	19.1317	19.3223
August	19.3210	18.5708	18.9142
September	18.6790	18.0547	18.3508
October	18.8134	18.1966	18.5118
November	18.6926	18.3781	18.5261
December	18.8196	18.2041	18.3770