2024 SAR to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SAR to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SAR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 6792.2676. Conversely, the yearly low was recorded on January 1, dropping to 6471.7074.
This high-to-low spread represents a total annual volatility of 320.5602 VND. From a start-to-finish perspective, comparing the January average rate of 6527.9345 to the December average rate of 6767.0179, the exchange rate registered a net change of 3.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 6792.2676 was up 3.49% compared to the 2023 peak of 6563.1498, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SAR 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 6655.5232, compared to 6699.3267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 43.8035 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 207.2284 VND (High: 6766.3790 / Low: 6559.1506). On the other end, June was the most stable month, with a tight range of 17.3029 VND (High: 6792.2676 / Low: 6774.9647).
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 August and September, when the average rate fell by 104.9536 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 6783.4542) against the same month in 2023 (average: 6269.3443), the exchange rate shifted by +514.1099 (+8.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6563.7188 | 6471.7074 | 6527.9345 |
| February | 6578.1533 | 6493.5993 | 6532.0943 |
| March | 6616.0752 | 6571.6396 | 6592.2578 |
| April | 6787.4006 | 6612.2084 | 6713.6551 |
| May | 6791.9574 | 6757.4798 | 6783.7431 |
| June | 6792.2676 | 6774.9647 | 6783.4542 |
| July | 6786.3682 | 6729.3917 | 6764.4562 |
| August | 6736.5889 | 6617.3409 | 6672.4905 |
| September | 6631.8721 | 6539.1927 | 6567.5368 |
| October | 6766.3790 | 6559.1506 | 6670.4151 |
| November | 6771.8829 | 6730.6710 | 6754.0435 |
| December | 6784.4739 | 6747.2341 | 6767.0179 |