2024 SCR to VND Historical Review

YEARLY HIGH

1936.4345 VND

YEARLY LOW

1651.3574 VND

YEARLY AVERAGE

1833.3181 VND

2024 SCR to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 1936.4345. Conversely, the yearly low was recorded on October 14, dropping to 1651.3574.

This high-to-low spread represents a total annual volatility of 285.0771 VND. From a start-to-finish perspective, comparing the January average rate of 1829.6183 to the December average rate of 1802.1769, the exchange rate registered a net change of -1.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1936.4345 was up 0.29% compared to the 2023 peak of 1930.9110, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,682,172 VND

2023 Average 8,873,894 VND

Yearly Trough Low 8,256,787 VND

Transaction Impact: A difference of 1,425,385.72 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1869.1950

1796.0844

JanuMarcMayJulySeptNove

SCR 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 1837.9459, compared to 1828.6902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.2558 points.

H1 Avg (Jan–Jun) 1837.9459

H2 Avg (Jul–Dec) 1828.6902

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 269.2001 VND (High: 1920.5575 / Low: 1651.3574). On the other end, May was the most stable month, with a tight range of 59.4115 VND (High: 1895.1617 / Low: 1835.7502).

October Spread (Volatile) ±269.2001

May Spread (Stable) ±59.4115

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 43.1252 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -43.1252

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1824.2468) against the same month in 2023 (average: 1785.0407), the exchange rate shifted by +39.2061 (+2.20%).

2024 Avg (August) 1824.2468

2023 Avg (August) 1785.0407

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1877.3970	1755.5189	1829.6183
February	1852.6028	1775.1290	1820.3122
March	1854.8185	1731.1468	1819.1809
April	1879.8027	1771.1286	1852.9544
May	1895.1617	1835.7502	1863.1024
June	1877.1467	1733.8098	1842.5075
July	1884.3877	1794.7531	1839.4191
August	1936.4345	1679.0563	1824.2468
September	1919.5467	1762.1102	1832.8501
October	1920.5575	1651.3574	1828.1460
November	1890.7850	1776.8239	1845.3021
December	1907.3258	1683.1140	1802.1769