2024 VND to MGA Historical Review

YEARLY HIGH

0.1904 MGA

YEARLY LOW

0.1722 MGA

YEARLY AVERAGE

0.1811 MGA

2024 VND to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1904. Conversely, the yearly low was recorded on April 17, dropping to 0.1722.

This high-to-low spread represents a total annual volatility of 0.0182 MGA. From a start-to-finish perspective, comparing the January average rate of 0.1864 to the December average rate of 0.1849, the exchange rate registered a net change of -0.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1904 was down 1.79% compared to the 2023 peak of 0.1939, 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 1,904,034 MGA

2023 Average 1,867,365 MGA

Yearly Trough Low 1,722,320 MGA

Transaction Impact: A difference of 181,713.18 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1877

0.1730

JanuMarcMayJulySeptNove

VND to MGA 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 0.1795, compared to 0.1826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1795

H2 Avg (Jul–Dec) 0.1826

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0077 MGA (High: 0.1835 / Low: 0.1758). On the other end, May was the most stable month, with a tight range of 0.0021 MGA (High: 0.1754 / Low: 0.1732).

March Spread (Volatile) ±0.0077

May Spread (Stable) ±0.0021

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 0.0061 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1864) against the same month in 2023 (average: 0.1874), the exchange rate shifted by -0.0010 (-0.53%).

2024 Avg (January) 0.1864

2023 Avg (January) 0.1874

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1904	0.1840	0.1864
February	0.1873	0.1834	0.1853
March	0.1835	0.1758	0.1807
April	0.1764	0.1722	0.1746
May	0.1754	0.1732	0.1742
June	0.1777	0.1744	0.1758
July	0.1806	0.1752	0.1776
August	0.1843	0.1795	0.1824
September	0.1853	0.1829	0.1843
October	0.1854	0.1808	0.1833
November	0.1852	0.1816	0.1834
December	0.1862	0.1828	0.1849