2024 VND to BIF Historical Review

YEARLY HIGH

0.1188 BIF

YEARLY LOW

0.1123 BIF

YEARLY AVERAGE

0.1151 BIF

2024 VND to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.1188. Conversely, the yearly low was recorded on May 19, dropping to 0.1123.

This high-to-low spread represents a total annual volatility of 0.0064 BIF. From a start-to-finish perspective, comparing the January average rate of 0.1166 to the December average rate of 0.1160, the exchange rate registered a net change of -0.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1188 was down 1.64% compared to the 2023 peak of 0.1207, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 VND based on timing:

Yearly Peak High 1,187,529 BIF

2023 Average 1,067,882 BIF

Yearly Trough Low 1,123,156 BIF

Transaction Impact: A difference of 64,373.00 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1179

0.1123

JanuMarcMayJulySeptNove

VND to BIF 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 0.1148, compared to 0.1155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1148

H2 Avg (Jul–Dec) 0.1155

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0046 BIF (High: 0.1188 / Low: 0.1141). On the other end, May was the most stable month, with a tight range of 0.0009 BIF (High: 0.1132 / Low: 0.1123).

October Spread (Volatile) ±0.0046

May Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between May and September, 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 March and April, when the average rate fell by 0.0019 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.1160) against the same month in 2023 (average: 0.1159), the exchange rate shifted by +0.0001 (+0.05%).

2024 Avg (October) 0.1160

2023 Avg (October) 0.1159

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1177	0.1160	0.1166
February	0.1180	0.1157	0.1167
March	0.1163	0.1150	0.1157
April	0.1154	0.1124	0.1138
May	0.1132	0.1123	0.1128
June	0.1140	0.1126	0.1130
July	0.1140	0.1129	0.1135
August	0.1163	0.1134	0.1151
September	0.1182	0.1159	0.1174
October	0.1188	0.1141	0.1160
November	0.1169	0.1139	0.1152
December	0.1166	0.1140	0.1160