YEARLY HIGH
0.9181 STD
YEARLY LOW
0.8743 STD
YEARLY AVERAGE
0.8895 STD

2024 VND to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.9181. Conversely, the yearly low was recorded on December 30, dropping to 0.8743.

This high-to-low spread represents a total annual volatility of 0.0439 STD. From a start-to-finish perspective, comparing the January average rate of 0.9102 to the December average rate of 0.8765, the exchange rate registered a net change of -3.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9181 was down 5.75% compared to the 2023 peak of 0.9741, 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 9,181,214 STD
2023 Average 9,481,588 STD
Yearly Trough Low 8,742,683 STD
Transaction Impact: A difference of 438,531.12 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9136
0.8723
JanuMarcMayJulySeptNove

VND to STD 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 0.8929, compared to 0.8861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.8929
H2 Avg (Jul–Dec) 0.8861

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0285 STD (High: 0.9054 / Low: 0.8769). On the other end, June was the most stable month, with a tight range of 0.0020 STD (High: 0.8769 / Low: 0.8749).

October Spread (Volatile) ±0.0285
June Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0163 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.9102) against the same month in 2023 (average: 0.9725), the exchange rate shifted by -0.0623 (-6.41%).

2024 Avg (January) 0.9102
2023 Avg (January) 0.9725

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9181 0.9053 0.9102
February 0.9150 0.9032 0.9096
March 0.9040 0.8981 0.9012
April 0.8985 0.8752 0.8849
May 0.8791 0.8748 0.8758
June 0.8769 0.8749 0.8757
July 0.8825 0.8753 0.8781
August 0.8974 0.8834 0.8900
September 0.9079 0.8958 0.9042
October 0.9054 0.8769 0.8896
November 0.8816 0.8765 0.8784
December 0.8791 0.8743 0.8765