YEARLY HIGH
1454.4640 VND
YEARLY LOW
1278.1462 VND
YEARLY AVERAGE
1368.8085 VND

2024 SZL to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 1454.4640. Conversely, the yearly low was recorded on February 14, dropping to 1278.1462.

This high-to-low spread represents a total annual volatility of 176.3178 VND. From a start-to-finish perspective, comparing the January average rate of 1303.4088 to the December average rate of 1395.3619, the exchange rate registered a net change of 7.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1454.4640 was up 4.36% compared to the 2023 peak of 1393.6483, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,272,320 VND
2023 Average 6,467,044 VND
Yearly Trough Low 6,390,731 VND
Transaction Impact: A difference of 881,589.23 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1439.6577
1278.0716
JanuMarcMayJulySeptNove

SZL 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 1334.4807, compared to 1403.1362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 68.6555 points.

H1 Avg (Jan–Jun) 1334.4807
H2 Avg (Jul–Dec) 1403.1362

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 89.0301 VND (High: 1424.0625 / Low: 1335.0324). On the other end, January was the most stable month, with a tight range of 33.6736 VND (High: 1317.5226 / Low: 1283.8490).

June Spread (Volatile) ±89.0301
January Spread (Stable) ±33.6736

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 21.6325 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -21.6325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1416.9944) against the same month in 2023 (average: 1314.6140), the exchange rate shifted by +102.3804 (+7.79%).

2024 Avg (November) 1416.9944
2023 Avg (November) 1314.6140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1317.5226 1283.8490 1303.4088
February 1312.3948 1278.1462 1291.5371
March 1327.3779 1287.8036 1312.2425
April 1356.1934 1311.5071 1335.5860
May 1403.9972 1358.9322 1382.8767
June 1424.0625 1335.0324 1381.2333
July 1415.3916 1373.7291 1392.0768
August 1410.5084 1351.7870 1389.2379
September 1433.0014 1371.0949 1398.9541
October 1446.1744 1411.4981 1426.1922
November 1454.4640 1391.9435 1416.9944
December 1437.9113 1351.5421 1395.3619