2024 VND to CVE Historical Review

YEARLY HIGH

0.0042 CVE

YEARLY LOW

0.0039 CVE

YEARLY AVERAGE

0.0041 CVE

2024 VND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0042. Conversely, the yearly low was recorded on August 25, dropping to 0.0039.

This high-to-low spread represents a total annual volatility of 0.0003 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0041 to the December average rate of 0.0041, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0042 was down 5.50% compared to the 2023 peak of 0.0045, 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 42,213 CVE

2023 Average 42,836 CVE

Yearly Trough Low 39,444 CVE

Transaction Impact: A difference of 2,768.99 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0042

0.0040

JanuMarcMayJulySeptNove

VND to CVE 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 0.0041, compared to 0.0041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0041

H2 Avg (Jul–Dec) 0.0041

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0002 CVE (High: 0.0042 / Low: 0.0040). On the other end, October was the most stable month, with a tight range of 0.0001 CVE (High: 0.0041 / Low: 0.0040).

November Spread (Volatile) ±0.0002

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0042) against the same month in 2023 (average: 0.0044), the exchange rate shifted by -0.0002 (-4.21%).

2024 Avg (February) 0.0042

2023 Avg (February) 0.0044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0042	0.0041	0.0041
February	0.0042	0.0041	0.0042
March	0.0041	0.0041	0.0041
April	0.0041	0.0041	0.0041
May	0.0041	0.0040	0.0040
June	0.0041	0.0040	0.0040
July	0.0040	0.0040	0.0040
August	0.0041	0.0039	0.0040
September	0.0041	0.0040	0.0040
October	0.0041	0.0040	0.0040
November	0.0042	0.0040	0.0041
December	0.0042	0.0041	0.0041