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