YEARLY HIGH
2960.5242 VEF
YEARLY LOW
2908.6670 VEF
YEARLY AVERAGE
2928.7024 VEF

2020 BDT to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BDT to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 2960.5242. Conversely, the yearly low was recorded on May 12, dropping to 2908.6670.

This high-to-low spread represents a total annual volatility of 51.8572 VEF. From a start-to-finish perspective, comparing the January average rate of 2928.8331 to the December average rate of 2930.4689, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2960.5242 was down 1.09% compared to the 2019 peak of 2993.2679, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BDT based on timing:

Yearly Peak High 14,802,621 VEF
2019 Average 14,721,077 VEF
Yearly Trough Low 14,543,335 VEF
Transaction Impact: A difference of 259,285.97 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2931.2283
2924.3822
JanuMarcMayJulySeptNove

BDT to VEF 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 2927.1772, compared to 2930.2277 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0505 points.

H1 Avg (Jan–Jun) 2927.1772
H2 Avg (Jul–Dec) 2930.2277

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 40.5245 VEF (High: 2960.5242 / Low: 2919.9997). On the other end, June was the most stable month, with a tight range of 5.5003 VEF (High: 2929.5583 / Low: 2924.0580).

March Spread (Volatile) ±40.5245
June Spread (Stable) ±5.5003

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.6001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.6001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2929.7027) against the same month in 2019 (average: 2957.1935), the exchange rate shifted by -27.4908 (-0.93%).

2020 Avg (March) 2929.7027
2019 Avg (March) 2957.1935

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2937.0251 2912.0501 2928.8331
February 2930.2301 2923.9050 2926.2330
March 2960.5242 2919.9997 2929.7027
April 2950.6257 2912.4058 2927.1174
May 2944.4270 2908.6670 2924.9527
June 2929.5583 2924.0580 2926.2240
July 2933.4184 2926.7029 2929.8925
August 2938.1094 2922.2213 2929.6459
September 2932.2186 2926.1637 2930.0984
October 2935.3141 2927.2246 2930.6578
November 2934.2914 2927.6543 2930.6027
December 2936.0798 2929.0783 2930.4689