2024 TRY to VND Historical Review

YEARLY HIGH

821.2683 VND

YEARLY LOW

718.0809 VND

YEARLY AVERAGE

763.1250 VND

2024 TRY to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 821.2683. Conversely, the yearly low was recorded on September 30, dropping to 718.0809.

This high-to-low spread represents a total annual volatility of 103.1874 VND. From a start-to-finish perspective, comparing the January average rate of 813.5471 to the December average rate of 726.2605, the exchange rate registered a net change of -10.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 821.2683 was down 35.05% compared to the 2023 peak of 1264.4975, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 41,063,416 VND

2023 Average 51,523,159 VND

Yearly Trough Low 35,904,044 VND

Transaction Impact: A difference of 5,159,371.59 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

822.5605

714.3989

JanuMarcMayJulySeptNove

TRY 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 787.8294, compared to 738.4206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 49.4088 points.

H1 Avg (Jan–Jun) 787.8294

H2 Avg (Jul–Dec) 738.4206

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 32.1881 VND (High: 760.4582 / Low: 728.2701). On the other end, December was the most stable month, with a tight range of 10.7579 VND (High: 731.3612 / Low: 720.6033).

August Spread (Volatile) ±32.1881

December Spread (Stable) ±10.7579

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 July and August, when the average rate fell by 27.7569 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -27.7569

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 813.5471) against the same month in 2023 (average: 1249.6411), the exchange rate shifted by -436.0940 (-34.90%).

2024 Avg (January) 813.5471

2023 Avg (January) 1249.6411

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	821.2683	803.9565	813.5471
February	801.7071	787.6980	795.1642
March	785.4438	762.7401	771.1885
April	783.2792	768.6841	778.1068
May	792.5839	780.4305	788.4423
June	790.4306	772.5742	780.5276
July	781.9035	760.9023	770.7713
August	760.4582	728.2701	743.0144
September	733.3756	718.0809	723.4124
October	741.5135	719.7649	731.1279
November	742.0925	730.8068	735.9372
December	731.3612	720.6033	726.2605