YEARLY HIGH
0.5113 SYP
YEARLY LOW
0.0986 SYP
YEARLY AVERAGE
0.1125 SYP

2024 VND to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.5113. Conversely, the yearly low was recorded on May 26, dropping to 0.0986.

This high-to-low spread represents a total annual volatility of 0.4127 SYP. From a start-to-finish perspective, comparing the January average rate of 0.1026 to the December average rate of 0.2451, the exchange rate registered a net change of 138.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5113 was up 376.81% compared to the 2023 peak of 0.1072, 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 5,113,036 SYP
2023 Average 1,054,360 SYP
Yearly Trough Low 986,419 SYP
Transaction Impact: A difference of 4,126,616.54 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2597
0.0841
JanuMarcMayJulySeptNove

VND to SYP 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 0.1007, compared to 0.1243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0236 points.

H1 Avg (Jan–Jun) 0.1007
H2 Avg (Jul–Dec) 0.1243

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.4126 SYP (High: 0.5113 / Low: 0.0987). On the other end, June was the most stable month, with a tight range of 0.0002 SYP (High: 0.0989 / Low: 0.0987).

December Spread (Volatile) ±0.4126
June Spread (Stable) ±0.0002

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 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2451) against the same month in 2023 (average: 0.1035), the exchange rate shifted by +0.1416 (+136.86%).

2024 Avg (December) 0.2451
2023 Avg (December) 0.1035

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1035 0.1021 0.1026
February 0.1032 0.1018 0.1026
March 0.1019 0.1013 0.1016
April 0.1013 0.0987 0.0998
May 0.0991 0.0986 0.0988
June 0.0989 0.0987 0.0987
July 0.0995 0.0987 0.0990
August 0.1012 0.0996 0.1004
September 0.1024 0.1010 0.1020
October 0.1021 0.0989 0.1003
November 0.0994 0.0988 0.0991
December 0.5113 0.0987 0.2451