2020 BIF to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BIF to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BIF to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 132.5821. Conversely, the yearly low was recorded on December 5, dropping to 127.6259.
This high-to-low spread represents a total annual volatility of 4.9562 VEF. From a start-to-finish perspective, comparing the January average rate of 131.8436 to the December average rate of 127.9213, the exchange rate registered a net change of -2.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 132.5821 was down 4.66% compared to the 2019 peak of 139.0647, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BIF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BIF 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 131.1187, compared to 128.5226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5961 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was April, with a trading range of 1.9985 VEF (High: 132.2331 / Low: 130.2346). On the other end, December was the most stable month, with a tight range of 0.4331 VEF (High: 128.0590 / Low: 127.6259).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.1415 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 131.3722) against the same month in 2019 (average: 136.5243), the exchange rate shifted by -5.1522 (-3.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 132.2547 | 131.4054 | 131.8436 |
| February | 131.9786 | 131.4054 | 131.6113 |
| March | 132.5821 | 130.6880 | 131.3722 |
| April | 132.2331 | 130.2346 | 131.0519 |
| May | 131.5003 | 130.0302 | 130.5512 |
| June | 130.7897 | 129.3981 | 130.2818 |
| July | 130.0982 | 128.8039 | 129.1403 |
| August | 129.2139 | 128.4994 | 128.8469 |
| September | 128.8836 | 128.3511 | 128.6533 |
| October | 128.6928 | 128.0864 | 128.4277 |
| November | 128.4386 | 127.8886 | 128.1461 |
| December | 128.0590 | 127.6259 | 127.9213 |