YEARLY HIGH
1.8689 IRR
YEARLY LOW
1.8036 IRR
YEARLY AVERAGE
1.8379 IRR

2021 VND to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the VND to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 1.8689. Conversely, the yearly low was recorded on January 1, dropping to 1.8036.

This high-to-low spread represents a total annual volatility of 0.0653 IRR. From a start-to-finish perspective, comparing the January average rate of 1.8230 to the December average rate of 1.8442, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8689 was down 34.49% compared to the 2020 peak of 2.8527, 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 18,689,032 IRR
2020 Average 18,162,755 IRR
Yearly Trough Low 18,036,290 IRR
Transaction Impact: A difference of 652,741.60 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.8665
1.8191
JanuMarcMayJulySeptNove

VND to IRR 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 1.8273, compared to 1.8485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 1.8273
H2 Avg (Jul–Dec) 1.8485

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0303 IRR (High: 1.8339 / Low: 1.8036). On the other end, September was the most stable month, with a tight range of 0.0140 IRR (High: 1.8584 / Low: 1.8444).

January Spread (Volatile) ±0.0303
September Spread (Stable) ±0.0140

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0184 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0184

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.8626) against the same month in 2020 (average: 1.8178), the exchange rate shifted by +0.0448 (+2.46%).

2021 Avg (November) 1.8626
2020 Avg (November) 1.8178

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8339 1.8036 1.8230
February 1.8402 1.8175 1.8295
March 1.8398 1.8173 1.8269
April 1.8377 1.8173 1.8278
May 1.8404 1.8172 1.8270
June 1.8371 1.8165 1.8297
July 1.8392 1.8198 1.8324
August 1.8587 1.8296 1.8455
September 1.8584 1.8444 1.8526
October 1.8687 1.8415 1.8541
November 1.8689 1.8520 1.8626
December 1.8609 1.8311 1.8442