2020 AFN to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 AFN to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the AFN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 3283.1206. Conversely, the yearly low was recorded on January 1, dropping to 3181.5667.
This high-to-low spread represents a total annual volatility of 101.5539 VEF. From a start-to-finish perspective, comparing the January average rate of 3218.5405 to the December average rate of 3224.1998, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 3283.1206 was down 1.57% compared to the 2019 peak of 3335.4151, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
AFN to VEF 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 3239.4753, compared to 3227.9986 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.4768 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was February, with a trading range of 84.7986 VEF (High: 3276.0405 / Low: 3191.2418). On the other end, October was the most stable month, with a tight range of 8.0492 VEF (High: 3237.6239 / Low: 3229.5747).
Growth Streaks & Declines
TrendsBetween January and April, 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 May and June, when the average rate fell by 33.1830 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 3260.5577) against the same month in 2019 (average: 3295.9424), the exchange rate shifted by -35.3847 (-1.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3252.4561 | 3181.5667 | 3218.5405 |
| February | 3276.0405 | 3191.2418 | 3230.3415 |
| March | 3283.1206 | 3231.3083 | 3260.5577 |
| April | 3277.5218 | 3239.7348 | 3262.3685 |
| May | 3260.9933 | 3238.6788 | 3249.1133 |
| June | 3239.7346 | 3199.9633 | 3215.9304 |
| July | 3239.7348 | 3216.6690 | 3224.1714 |
| August | 3239.7348 | 3183.9317 | 3224.1036 |
| September | 3250.4647 | 3220.8377 | 3234.2431 |
| October | 3237.6239 | 3229.5747 | 3233.0855 |
| November | 3234.0710 | 3225.0177 | 3228.1880 |
| December | 3232.0909 | 3214.5882 | 3224.1998 |