2024 SGD to VND Historical Review

YEARLY HIGH

19296.5915 VND

YEARLY LOW

18078.7591 VND

YEARLY AVERAGE

18749.1697 VND

2024 SGD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 19296.5915. Conversely, the yearly low was recorded on February 13, dropping to 18078.7591.

This high-to-low spread represents a total annual volatility of 1217.8323 VND. From a start-to-finish perspective, comparing the January average rate of 18326.1393 to the December average rate of 18815.8985, the exchange rate registered a net change of 2.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 19296.5915 was up 4.55% compared to the 2023 peak of 18456.9055, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 96,482,957 VND

2023 Average 88,747,376 VND

Yearly Trough Low 90,393,796 VND

Transaction Impact: A difference of 6,089,161.71 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19201.8049

18121.8391

JanuMarcMayJulySeptNove

SGD 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 18528.2477, compared to 18970.0917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 441.8439 points.

H1 Avg (Jan–Jun) 18528.2477

H2 Avg (Jul–Dec) 18970.0917

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 448.3473 VND (High: 19294.7851 / Low: 18846.4379). On the other end, June was the most stable month, with a tight range of 165.4898 VND (High: 18907.1554 / Low: 18741.6656).

November Spread (Volatile) ±448.3473

June Spread (Stable) ±165.4898

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 November and December, when the average rate fell by 167.4627 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -167.4627

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 19111.8078) against the same month in 2023 (average: 17884.9812), the exchange rate shifted by +1226.8266 (+6.86%).

2024 Avg (October) 19111.8078

2023 Avg (October) 17884.9812

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18414.6711	18222.2577	18326.1393
February	18351.1799	18078.7591	18211.8363
March	18528.7238	18333.5812	18432.0441
April	18696.9898	18335.7974	18551.5171
May	18942.2199	18629.0746	18835.2193
June	18907.1554	18741.6656	18812.7304
July	18944.6858	18747.6295	18855.2276
August	19199.1126	18868.9812	19033.3078
September	19228.0647	18830.6384	19020.9472
October	19296.5915	18982.4386	19111.8078
November	19294.7851	18846.4379	18983.3612
December	18974.2648	18644.5904	18815.8985