YEARLY HIGH
0.0014 TRY
YEARLY LOW
0.0012 TRY
YEARLY AVERAGE
0.0013 TRY

2024 VND to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0014. Conversely, the yearly low was recorded on January 1, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0002 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0012 to the December average rate of 0.0014, the exchange rate registered a net change of 12.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0014 was up 14.26% compared to the 2023 peak of 0.0012, 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 13,926 TRY
2023 Average 9,975 TRY
Yearly Trough Low 12,176 TRY
Transaction Impact: A difference of 1,749.72 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0014
0.0012
JanuMarcMayJulySeptNove

VND to TRY 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 0.0013, compared to 0.0014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0013
H2 Avg (Jul–Dec) 0.0014

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0001 TRY (High: 0.0014 / Low: 0.0013). On the other end, May was the most stable month, with a tight range of 0.0000 TRY (High: 0.0013 / Low: 0.0013).

August Spread (Volatile) ±0.0001
May Spread (Stable) ±0.0000

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 April and May, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0014) against the same month in 2023 (average: 0.0011), the exchange rate shifted by +0.0003 (+23.97%).

2024 Avg (September) 0.0014
2023 Avg (September) 0.0011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0012 0.0012 0.0012
February 0.0013 0.0012 0.0013
March 0.0013 0.0013 0.0013
April 0.0013 0.0013 0.0013
May 0.0013 0.0013 0.0013
June 0.0013 0.0013 0.0013
July 0.0013 0.0013 0.0013
August 0.0014 0.0013 0.0013
September 0.0014 0.0014 0.0014
October 0.0014 0.0013 0.0014
November 0.0014 0.0013 0.0014
December 0.0014 0.0014 0.0014