YEARLY HIGH
0.0580 KRW
YEARLY LOW
0.0528 KRW
YEARLY AVERAGE
0.0544 KRW

2024 VND to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0580. Conversely, the yearly low was recorded on January 1, dropping to 0.0528.

This high-to-low spread represents a total annual volatility of 0.0052 KRW. From a start-to-finish perspective, comparing the January average rate of 0.0541 to the December average rate of 0.0567, the exchange rate registered a net change of 4.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0580 was up 1.33% compared to the 2023 peak of 0.0573, 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 580,089 KRW
2023 Average 548,056 KRW
Yearly Trough Low 527,688 KRW
Transaction Impact: A difference of 52,401.63 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0570
0.0533
JanuMarcMayJulySeptNove

VND to KRW 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 0.0541, compared to 0.0547 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0541
H2 Avg (Jul–Dec) 0.0547

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0029 KRW (High: 0.0580 / Low: 0.0551). On the other end, July was the most stable month, with a tight range of 0.0009 KRW (High: 0.0549 / Low: 0.0540).

December Spread (Volatile) ±0.0029
July Spread (Stable) ±0.0009

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 April and May, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0567) against the same month in 2023 (average: 0.0536), the exchange rate shifted by +0.0031 (+5.75%).

2024 Avg (December) 0.0567
2023 Avg (December) 0.0536

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0549 0.0528 0.0541
February 0.0550 0.0540 0.0544
March 0.0545 0.0532 0.0539
April 0.0552 0.0538 0.0544
May 0.0544 0.0530 0.0536
June 0.0547 0.0537 0.0543
July 0.0549 0.0540 0.0545
August 0.0547 0.0530 0.0539
September 0.0545 0.0532 0.0540
October 0.0548 0.0537 0.0544
November 0.0556 0.0543 0.0550
December 0.0580 0.0551 0.0567