Hi!
It's hard to say. When we're releasing a new version of Vault, we tend to test that upgrade paths work, but not downgrade paths. We do also try to maintain backwards-compatibility. However, things do change over time with the API and we don't strictly follow semantic versioning, so there is some risk of impact to your production environment.
Probably the best way to see if downgrading effects anything would be to make a backup of your data, then try the downgrade on the backup data on a staging or development Vault instance. That would reveal anything effected. If you didn't want to go to that level of effort, you could also check the
changelog for anything that might effect you between those versions. If you're comfortable with Github, you could also check
the website docs. You could look at the docs for what you're using when Vault was at each version.
What auth and secrets engines are you using? And what storage backend?
-Becca