YEARLY HIGH
36481.0551 VEF
YEARLY LOW
35802.9535 VEF
YEARLY AVERAGE
35999.7280 VEF

2020 BOB to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BOB to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 36481.0551. Conversely, the yearly low was recorded on January 1, dropping to 35802.9535.

This high-to-low spread represents a total annual volatility of 678.1015 VEF. From a start-to-finish perspective, comparing the January average rate of 35933.7174 to the December average rate of 36044.6721, the exchange rate registered a net change of 0.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 36481.0551 was down 0.16% compared to the 2019 peak of 36537.8567, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 182,405,275 VEF
2019 Average 179,779,146 VEF
Yearly Trough Low 179,014,768 VEF
Transaction Impact: A difference of 3,390,507.66 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

36091.6559
35919.3594
JanuMarcMayJulySeptNove

BOB 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 35996.9516, compared to 36002.5044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.5528 points.

H1 Avg (Jan–Jun) 35996.9516
H2 Avg (Jul–Dec) 36002.5044

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 580.8873 VEF (High: 36481.0551 / Low: 35900.1678). On the other end, February was the most stable month, with a tight range of 65.6576 VEF (High: 35981.2260 / Low: 35915.5684).

March Spread (Volatile) ±580.8873
February Spread (Stable) ±65.6576

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 56.5094 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -56.5094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 36077.2978) against the same month in 2019 (average: 35973.5033), the exchange rate shifted by +103.7945 (+0.29%).

2020 Avg (March) 36077.2978
2019 Avg (March) 35973.5033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36021.6237 35802.9535 35933.7174
February 35981.2260 35915.5684 35935.7775
March 36481.0551 35900.1678 36077.2978
April 36350.9181 35880.0651 36039.9894
May 36273.5401 35942.0678 36025.7184
June 36002.6158 35908.5254 35969.2090
July 36075.4417 35893.4419 35978.6005
August 36095.0403 35883.4745 35992.7999
September 36048.9388 35950.6946 35986.3533
October 36038.0903 35924.9927 35986.7521
November 36087.5652 35905.0387 36025.8484
December 36188.1777 35866.3101 36044.6721