YEARLY HIGH
0.6482 IDR
YEARLY LOW
0.6138 IDR
YEARLY AVERAGE
0.6332 IDR

2024 VND to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 0.6482. Conversely, the yearly low was recorded on October 22, dropping to 0.6138.

This high-to-low spread represents a total annual volatility of 0.0345 IDR. From a start-to-finish perspective, comparing the January average rate of 0.6381 to the December average rate of 0.6320, the exchange rate registered a net change of -0.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6482 was down 2.62% compared to the 2023 peak of 0.6657, 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 6,482,377 IDR
2023 Average 6,394,589 IDR
Yearly Trough Low 6,137,786 IDR
Transaction Impact: A difference of 344,591.41 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6452
0.6201
JanuMarcMayJulySeptNove

VND to IDR 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 0.6379, compared to 0.6286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 0.6379
H2 Avg (Jul–Dec) 0.6286

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0297 IDR (High: 0.6463 / Low: 0.6167). On the other end, June was the most stable month, with a tight range of 0.0110 IDR (High: 0.6482 / Low: 0.6372).

August Spread (Volatile) ±0.0297
June Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0111 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.6431) against the same month in 2023 (average: 0.6357), the exchange rate shifted by +0.0074 (+1.16%).

2024 Avg (June) 0.6431
2023 Avg (June) 0.6357

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6469 0.6340 0.6381
February 0.6469 0.6328 0.6394
March 0.6413 0.6299 0.6357
April 0.6461 0.6350 0.6397
May 0.6389 0.6258 0.6314
June 0.6482 0.6372 0.6431
July 0.6460 0.6336 0.6404
August 0.6463 0.6167 0.6293
September 0.6287 0.6146 0.6222
October 0.6337 0.6138 0.6231
November 0.6293 0.6140 0.6245
December 0.6416 0.6247 0.6320