2020 BGN to VEF Historical Review

YEARLY HIGH

156064.3219 VEF

YEARLY LOW

135578.2288 VEF

YEARLY AVERAGE

145012.7151 VEF

2020 BGN to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 156064.3219. Conversely, the yearly low was recorded on March 19, dropping to 135578.2288.

This high-to-low spread represents a total annual volatility of 20486.0931 VEF. From a start-to-finish perspective, comparing the January average rate of 141063.4328 to the December average rate of 154624.7088, the exchange rate registered a net change of 9.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 156064.3219 was up 6.39% compared to the 2019 peak of 146696.0126, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 780,321,610 VEF

2019 Average 711,132,725 VEF

Yearly Trough Low 677,891,144 VEF

Transaction Impact: A difference of 102,430,465.53 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

156279.5969

136420.9404

JanuMarcMayJulySeptNove

BGN 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 139988.7749, compared to 150036.6553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10047.8804 points.

H1 Avg (Jan–Jun) 139988.7749

H2 Avg (Jul–Dec) 150036.6553

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 9201.1754 VEF (High: 144779.4042 / Low: 135578.2288). On the other end, January was the most stable month, with a tight range of 2574.3414 VEF (High: 142488.5543 / Low: 139914.2130).

March Spread (Volatile) ±9201.1754

January Spread (Stable) ±2574.3414

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2389.4036 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2389.4036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 154624.7088) against the same month in 2019 (average: 141169.1698), the exchange rate shifted by +13455.5390 (+9.53%).

2020 Avg (December) 154624.7088

2019 Avg (December) 141169.1698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	142488.5543	139914.2130	141063.4328
February	140887.5748	137089.3692	138740.0114
March	144779.4042	135578.2288	140465.2321
April	139554.3263	136880.7174	138075.8285
May	141100.8585	137188.9726	138614.1983
June	144451.3351	141461.4476	142973.9464
July	150508.7219	142796.5977	145584.9871
August	151794.4352	149164.3334	150312.3742
September	151282.1832	147601.8071	149685.3160
October	150759.8384	148102.9908	149529.8490
November	151980.5811	147712.3610	150482.6963
December	156064.3219	153463.9760	154624.7088