YEARLY HIGH
0.1422 MNT
YEARLY LOW
0.1333 MNT
YEARLY AVERAGE
0.1368 MNT

2024 VND to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1422. Conversely, the yearly low was recorded on December 30, dropping to 0.1333.

This high-to-low spread represents a total annual volatility of 0.0088 MNT. From a start-to-finish perspective, comparing the January average rate of 0.1409 to the December average rate of 0.1337, the exchange rate registered a net change of -5.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1422 was down 5.30% compared to the 2023 peak of 0.1501, 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 1,421,572 MNT
2023 Average 1,452,872 MNT
Yearly Trough Low 1,333,269 MNT
Transaction Impact: A difference of 88,303.10 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1417
0.1329
JanuMarcMayJulySeptNove

VND to MNT 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 0.1383, compared to 0.1354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.1383
H2 Avg (Jul–Dec) 0.1354

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0043 MNT (High: 0.1381 / Low: 0.1337). On the other end, June was the most stable month, with a tight range of 0.0003 MNT (High: 0.1358 / Low: 0.1355).

October Spread (Volatile) ±0.0043
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0025 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1409) against the same month in 2023 (average: 0.1452), the exchange rate shifted by -0.0042 (-2.92%).

2024 Avg (January) 0.1409
2023 Avg (January) 0.1452

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1422 0.1402 0.1409
February 0.1417 0.1398 0.1408
March 0.1400 0.1391 0.1395
April 0.1391 0.1355 0.1370
May 0.1361 0.1354 0.1356
June 0.1358 0.1355 0.1356
July 0.1363 0.1340 0.1353
August 0.1369 0.1347 0.1357
September 0.1385 0.1366 0.1379
October 0.1381 0.1337 0.1357
November 0.1344 0.1337 0.1340
December 0.1341 0.1333 0.1337