2024 ZAR to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ZAR to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ZAR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 1465.8039. Conversely, the yearly low was recorded on February 25, dropping to 1276.0378.
This high-to-low spread represents a total annual volatility of 189.7662 VND. From a start-to-finish perspective, comparing the January average rate of 1305.6972 to the December average rate of 1393.9848, the exchange rate registered a net change of 6.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1465.8039 was up 4.71% compared to the 2023 peak of 1399.8582, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ZAR 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 1333.8439, compared to 1401.8943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 68.0504 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 85.8436 VND (High: 1434.2417 / Low: 1348.3981). On the other end, March was the most stable month, with a tight range of 37.4060 VND (High: 1329.1229 / Low: 1291.7169).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 18.6865 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 1412.6713) against the same month in 2023 (average: 1312.7918), the exchange rate shifted by +99.8795 (+7.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1339.3346 | 1278.9791 | 1305.6972 |
| February | 1313.7347 | 1276.0378 | 1287.9417 |
| March | 1329.1229 | 1291.7169 | 1311.1828 |
| April | 1359.7103 | 1308.6433 | 1333.4252 |
| May | 1409.6252 | 1353.9832 | 1382.0877 |
| June | 1419.1749 | 1340.5526 | 1382.7289 |
| July | 1415.6322 | 1368.1516 | 1392.0639 |
| August | 1410.2847 | 1340.2773 | 1386.2173 |
| September | 1439.0168 | 1372.0297 | 1400.9347 |
| October | 1447.9881 | 1406.6702 | 1425.4937 |
| November | 1465.8039 | 1388.6569 | 1412.6713 |
| December | 1434.2417 | 1348.3981 | 1393.9848 |