2024 VND to NGN Historical Review

YEARLY HIGH

0.0680 NGN

YEARLY LOW

0.0350 NGN

YEARLY AVERAGE

0.0586 NGN

2024 VND to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0680. Conversely, the yearly low was recorded on January 17, dropping to 0.0350.

This high-to-low spread represents a total annual volatility of 0.0329 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0372 to the December average rate of 0.0618, the exchange rate registered a net change of 65.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0680 was up 83.61% compared to the 2023 peak of 0.0370, 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 679,621 NGN

2023 Average 265,736 NGN

Yearly Trough Low 350,367 NGN

Transaction Impact: A difference of 329,254.05 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0692

0.0343

JanuMarcMayJulySeptNove

VND to NGN 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 0.0534, compared to 0.0639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.0534

H2 Avg (Jul–Dec) 0.0639

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0284 NGN (High: 0.0655 / Low: 0.0371). On the other end, November was the most stable month, with a tight range of 0.0019 NGN (High: 0.0667 / Low: 0.0649).

February Spread (Volatile) ±0.0284

November Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0110 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0663) against the same month in 2023 (average: 0.0320), the exchange rate shifted by +0.0344 (+107.51%).

2024 Avg (September) 0.0663

2023 Avg (September) 0.0320

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0391	0.0350	0.0372
February	0.0655	0.0371	0.0561
March	0.0652	0.0563	0.0618
April	0.0573	0.0475	0.0508
May	0.0595	0.0486	0.0557
June	0.0596	0.0552	0.0586
July	0.0658	0.0553	0.0599
August	0.0659	0.0628	0.0638
September	0.0680	0.0639	0.0663
October	0.0678	0.0647	0.0654
November	0.0667	0.0649	0.0660
December	0.0663	0.0607	0.0618