2024 SBD to VND Historical Review

YEARLY HIGH

3066.7445 VND

YEARLY LOW

2818.2710 VND

YEARLY AVERAGE

2974.5648 VND

2024 SBD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 3066.7445. Conversely, the yearly low was recorded on March 12, dropping to 2818.2710.

This high-to-low spread represents a total annual volatility of 248.4735 VND. From a start-to-finish perspective, comparing the January average rate of 2907.2580 to the December average rate of 3033.8069, the exchange rate registered a net change of 4.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3066.7445 was up 4.78% compared to the 2023 peak of 2926.9648, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,333,723 VND

2023 Average 14,279,483 VND

Yearly Trough Low 14,091,355 VND

Transaction Impact: A difference of 1,242,367.68 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3047.5731

2884.3001

JanuMarcMayJulySeptNove

SBD 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 2950.1677, compared to 2998.9619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 48.7942 points.

H1 Avg (Jan–Jun) 2950.1677

H2 Avg (Jul–Dec) 2998.9619

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 120.8820 VND (High: 2939.1530 / Low: 2818.2710). On the other end, December was the most stable month, with a tight range of 19.0679 VND (High: 3044.8229 / Low: 3025.7550).

March Spread (Volatile) ±120.8820

December Spread (Stable) ±19.0679

Growth Streaks & Declines

Trends

Between February and June, 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 July and August, when the average rate fell by 50.1841 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -50.1841

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 3015.3086) against the same month in 2023 (average: 2903.1638), the exchange rate shifted by +112.1448 (+3.86%).

2024 Avg (October) 3015.3086

2023 Avg (October) 2903.1638

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2946.8518	2879.8928	2907.2580
February	2917.0026	2882.0625	2897.9062
March	2939.1530	2818.2710	2920.4485
April	3014.7842	2925.9271	2969.9045
May	3005.3880	2981.3697	2998.4882
June	3017.7399	2995.5469	3007.0007
July	3018.0521	2983.4627	3003.0477
August	2975.9351	2917.5902	2952.8636
September	2975.2945	2932.4140	2954.7776
October	3066.7445	2967.6390	3015.3086
November	3053.9031	3023.2773	3033.9671
December	3044.8229	3025.7550	3033.8069