2020 BDT to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 BDT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |