2024 SZL to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 SZL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |