2024 XAF to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 XAF to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the XAF to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 42.6530. Conversely, the yearly low was recorded on February 13, dropping to 39.8755.
This high-to-low spread represents a total annual volatility of 2.7775 VND. From a start-to-finish perspective, comparing the January average rate of 40.7180 to the December average rate of 40.5838, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 42.6530 was up 3.40% compared to the 2023 peak of 41.2489, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XAF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
XAF to VND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 41.1417, compared to 41.5171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3755 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 1.8769 VND (High: 42.2477 / Low: 40.3708). On the other end, March was the most stable month, with a tight range of 0.5897 VND (High: 41.3393 / Low: 40.7496).
Growth Streaks & Declines
TrendsBetween February and May, 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 November and December, when the average rate fell by 0.5177 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 42.0783) against the same month in 2023 (average: 39.6994), the exchange rate shifted by +2.3789 (+5.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 41.0007 | 40.2319 | 40.7180 |
| February | 40.8069 | 39.8755 | 40.3127 |
| March | 41.3393 | 40.7496 | 40.9737 |
| April | 41.5156 | 40.5996 | 41.1575 |
| May | 42.2479 | 41.4125 | 41.9423 |
| June | 42.2997 | 41.4670 | 41.7457 |
| July | 42.3172 | 41.6605 | 41.9879 |
| August | 42.6530 | 41.4779 | 42.0783 |
| September | 41.9918 | 41.2361 | 41.7399 |
| October | 41.9483 | 41.3255 | 41.6115 |
| November | 42.2477 | 40.3708 | 41.1014 |
| December | 40.9879 | 40.1645 | 40.5838 |