YEARLY HIGH
0.0251 XAF
YEARLY LOW
0.0234 XAF
YEARLY AVERAGE
0.0242 XAF

2024 VND to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.0251. Conversely, the yearly low was recorded on August 23, dropping to 0.0234.

This high-to-low spread represents a total annual volatility of 0.0016 XAF. From a start-to-finish perspective, comparing the January average rate of 0.0246 to the December average rate of 0.0246, the exchange rate registered a net change of 0.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0251 was down 5.54% compared to the 2023 peak of 0.0265, 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 250,781 XAF
2023 Average 254,350 XAF
Yearly Trough Low 234,450 XAF
Transaction Impact: A difference of 16,330.57 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0249
0.0237
JanuMarcMayJulySeptNove

VND to XAF 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 0.0243, compared to 0.0241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0243
H2 Avg (Jul–Dec) 0.0241

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0011 XAF (High: 0.0248 / Low: 0.0237). On the other end, March was the most stable month, with a tight range of 0.0004 XAF (High: 0.0245 / Low: 0.0242).

November Spread (Volatile) ±0.0011
March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and December, 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 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0248) against the same month in 2023 (average: 0.0259), the exchange rate shifted by -0.0011 (-4.29%).

2024 Avg (February) 0.0248
2023 Avg (February) 0.0259

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0249 0.0244 0.0246
February 0.0251 0.0245 0.0248
March 0.0245 0.0242 0.0244
April 0.0246 0.0241 0.0243
May 0.0241 0.0237 0.0238
June 0.0241 0.0236 0.0240
July 0.0240 0.0236 0.0238
August 0.0241 0.0234 0.0238
September 0.0243 0.0238 0.0240
October 0.0242 0.0238 0.0240
November 0.0248 0.0237 0.0243
December 0.0249 0.0244 0.0246