2024 VND to ETB Historical Review

YEARLY HIGH

0.0050 ETB

YEARLY LOW

0.0022 ETB

YEARLY AVERAGE

0.0033 ETB

2024 VND to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0050. Conversely, the yearly low was recorded on April 20, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0028 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0023 to the December average rate of 0.0050, the exchange rate registered a net change of 116.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0050 was up 115.00% compared to the 2023 peak of 0.0023, 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 50,197 ETB

2023 Average 22,969 ETB

Yearly Trough Low 22,281 ETB

Transaction Impact: A difference of 27,915.36 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0053

0.0020

JanuMarcMayJulySeptNove

VND to ETB 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 0.0023, compared to 0.0043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0023

H2 Avg (Jul–Dec) 0.0043

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0014 ETB (High: 0.0045 / Low: 0.0031). On the other end, May was the most stable month, with a tight range of 0.0000 ETB (High: 0.0023 / Low: 0.0022).

August Spread (Volatile) ±0.0014

May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0050) against the same month in 2023 (average: 0.0023), the exchange rate shifted by +0.0027 (+115.42%).

2024 Avg (December) 0.0050

2023 Avg (December) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0023	0.0023	0.0023
February	0.0023	0.0023	0.0023
March	0.0023	0.0023	0.0023
April	0.0023	0.0022	0.0023
May	0.0023	0.0022	0.0023
June	0.0023	0.0022	0.0023
July	0.0030	0.0023	0.0023
August	0.0045	0.0031	0.0041
September	0.0049	0.0044	0.0047
October	0.0049	0.0047	0.0048
November	0.0050	0.0047	0.0048
December	0.0050	0.0049	0.0050