2020 BRL to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BRL to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BRL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 61817.4750. Conversely, the yearly low was recorded on May 13, dropping to 42203.1017.
This high-to-low spread represents a total annual volatility of 19614.3733 VEF. From a start-to-finish perspective, comparing the January average rate of 60009.4093 to the December average rate of 48294.4638, the exchange rate registered a net change of -19.52% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 61817.4750 was down 9.34% compared to the 2019 peak of 68187.1583, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BRL 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 51191.7422, compared to 46144.8728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5046.8694 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 7802.2278 VEF (High: 55539.1346 / Low: 47736.9069). On the other end, October was the most stable month, with a tight range of 1967.6663 VEF (High: 44964.5590 / Low: 42996.8927).
Growth Streaks & Declines
TrendsBetween October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 6217.9659 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 60009.4093) against the same month in 2019 (average: 66459.1904), the exchange rate shifted by -6449.7811 (-9.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61817.4750 | 58023.9678 | 60009.4093 |
| February | 58671.9971 | 55388.1021 | 57176.0191 |
| March | 55539.1346 | 47736.9069 | 50958.0533 |
| April | 48656.2840 | 43953.6637 | 46772.5488 |
| May | 47112.9140 | 42203.1017 | 44332.0983 |
| June | 51520.3173 | 45296.5187 | 47902.3246 |
| July | 48536.5345 | 45989.8285 | 46975.1835 |
| August | 47578.8426 | 44214.0962 | 45639.1724 |
| September | 47443.9412 | 43889.9955 | 46047.4769 |
| October | 44964.5590 | 42996.8927 | 44142.1101 |
| November | 46832.3267 | 43167.1952 | 45770.8301 |
| December | 49443.3894 | 47360.7491 | 48294.4638 |