2024 VND to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 VND to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the VND to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 3.6523. Conversely, the yearly low was recorded on January 26, dropping to 0.6101.
This high-to-low spread represents a total annual volatility of 3.0423 LBP. From a start-to-finish perspective, comparing the January average rate of 0.6140 to the December average rate of 3.5216, the exchange rate registered a net change of 473.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 3.6523 was up 456.79% compared to the 2023 peak of 0.6560, indicating shifts in long-term support levels.
Comparing the value generated converting 10,000,000 VND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
VND to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2.7129, compared to 3.5616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8487 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 3.0287 LBP (High: 3.6400 / Low: 0.6113). On the other end, January was the most stable month, with a tight range of 0.0110 LBP (High: 0.6210 / Low: 0.6101).
Growth Streaks & Declines
TrendsBetween 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 0.0664 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 3.6348) against the same month in 2023 (average: 0.6215), the exchange rate shifted by +3.0133 (+484.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.6210 | 0.6101 | 0.6140 |
| February | 3.6400 | 0.6113 | 1.4478 |
| March | 3.6407 | 3.5994 | 3.6218 |
| April | 3.6136 | 3.5111 | 3.5554 |
| May | 3.5343 | 3.5005 | 3.5185 |
| June | 3.5473 | 3.5096 | 3.5200 |
| July | 3.5537 | 3.5087 | 3.5284 |
| August | 3.6079 | 3.5259 | 3.5743 |
| September | 3.6523 | 3.6002 | 3.6348 |
| October | 3.6380 | 3.5251 | 3.5782 |
| November | 3.5615 | 3.5179 | 3.5324 |
| December | 3.5332 | 3.5034 | 3.5216 |