2024 VND to GNF Historical Review

YEARLY HIGH

0.3555 GNF

YEARLY LOW

0.3364 GNF

YEARLY AVERAGE

0.3438 GNF

2024 VND to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.3555. Conversely, the yearly low was recorded on May 19, dropping to 0.3364.

This high-to-low spread represents a total annual volatility of 0.0191 GNF. From a start-to-finish perspective, comparing the January average rate of 0.3511 to the December average rate of 0.3395, the exchange rate registered a net change of -3.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3555 was down 5.23% compared to the 2023 peak of 0.3751, 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 3,554,956 GNF

2023 Average 3,616,781 GNF

Yearly Trough Low 3,363,505 GNF

Transaction Impact: A difference of 191,450.83 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3525

0.3364

JanuMarcMayJulySeptNove

VND to GNF 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 0.3445, compared to 0.3431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.3445

H2 Avg (Jul–Dec) 0.3431

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0130 GNF (High: 0.3525 / Low: 0.3395). On the other end, December was the most stable month, with a tight range of 0.0022 GNF (High: 0.3402 / Low: 0.3380).

October Spread (Volatile) ±0.0130

December Spread (Stable) ±0.0022

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 0.0064 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.3512) against the same month in 2023 (average: 0.3656), the exchange rate shifted by -0.0144 (-3.94%).

2024 Avg (February) 0.3512

2023 Avg (February) 0.3656

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3553	0.3494	0.3511
February	0.3555	0.3483	0.3512
March	0.3488	0.3454	0.3476
April	0.3466	0.3373	0.3412
May	0.3391	0.3364	0.3378
June	0.3406	0.3374	0.3382
July	0.3414	0.3376	0.3393
August	0.3475	0.3393	0.3442
September	0.3527	0.3470	0.3506
October	0.3525	0.3395	0.3449
November	0.3429	0.3383	0.3401
December	0.3402	0.3380	0.3395