2020 BND to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BND to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BND to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 188077.6616. Conversely, the yearly low was recorded on March 19, dropping to 170775.0772.
This high-to-low spread represents a total annual volatility of 17302.5844 VEF. From a start-to-finish perspective, comparing the January average rate of 183947.8597 to the December average rate of 186495.9780, the exchange rate registered a net change of 1.39% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 188077.6616 was up 1.96% compared to the 2019 peak of 184469.7972, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BND 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 177758.6418, compared to 182676.7221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4918.0803 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 9493.9122 VEF (High: 180268.9894 / Low: 170775.0772). On the other end, October was the most stable month, with a tight range of 1481.3285 VEF (High: 183355.6733 / Low: 181874.3447).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 5065.8314 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 186495.9780) against the same month in 2019 (average: 183179.1636), the exchange rate shifted by +3316.8144 (+1.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 184698.7790 | 181987.6991 | 183947.8597 |
| February | 181987.6991 | 177242.5271 | 178882.0282 |
| March | 180268.9894 | 170775.0772 | 175548.8945 |
| April | 176278.1277 | 172654.1439 | 174468.4656 |
| May | 177451.7534 | 174212.0053 | 175353.9383 |
| June | 179481.7539 | 176290.5087 | 178350.6644 |
| July | 181086.5165 | 177958.3136 | 178962.4956 |
| August | 182838.4130 | 180517.1563 | 181437.6626 |
| September | 183161.8643 | 180327.8591 | 181973.7001 |
| October | 183355.6733 | 181874.3447 | 182788.3144 |
| November | 185815.3003 | 181941.3280 | 184402.1820 |
| December | 188077.6616 | 185218.0742 | 186495.9780 |