2024 TOP to VND Historical Review

YEARLY HIGH

10806.8226 VND

YEARLY LOW

10246.2461 VND

YEARLY AVERAGE

10576.6434 VND

2024 TOP to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 10806.8226. Conversely, the yearly low was recorded on February 19, dropping to 10246.2461.

This high-to-low spread represents a total annual volatility of 560.5765 VND. From a start-to-finish perspective, comparing the January average rate of 10393.2299 to the December average rate of 10616.3000, the exchange rate registered a net change of 2.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 10806.8226 was up 3.50% compared to the 2023 peak of 10441.2547, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,034,113 VND

2023 Average 50,454,471 VND

Yearly Trough Low 51,231,230 VND

Transaction Impact: A difference of 2,802,882.62 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10829.6961

10301.8915

JanuMarcMayJulySeptNove

TOP 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 10544.7271, compared to 10608.5597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 63.8325 points.

H1 Avg (Jan–Jun) 10544.7271

H2 Avg (Jul–Dec) 10608.5597

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 247.8000 VND (High: 10649.2891 / Low: 10401.4891). On the other end, June was the most stable month, with a tight range of 48.8065 VND (High: 10806.8226 / Low: 10758.0162).

April Spread (Volatile) ±247.8000

June Spread (Stable) ±48.8065

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 133.1485 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -133.1485

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 10785.7124) against the same month in 2023 (average: 9971.3899), the exchange rate shifted by +814.3226 (+8.17%).

2024 Avg (June) 10785.7124

2023 Avg (June) 9971.3899

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10438.4320	10320.1565	10393.2299
February	10456.6907	10246.2461	10345.8752
March	10517.1154	10389.8871	10438.9122
April	10649.2891	10401.4891	10561.3873
May	10799.6483	10612.4356	10743.2457
June	10806.8226	10758.0162	10785.7124
July	10797.2071	10582.7768	10723.5109
August	10638.1887	10547.4256	10590.3623
September	10637.1357	10420.5950	10509.7246
October	10722.1702	10515.1785	10602.5253
November	10651.1250	10565.8993	10608.9348
December	10643.5190	10584.6786	10616.3000