YEARLY HIGH
61817.4750 VEF
YEARLY LOW
42203.1017 VEF
YEARLY AVERAGE
48668.3075 VEF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 1,545,436,874 VEF
2019 Average 1,577,012,754 VEF
Yearly Trough Low 1,055,077,541 VEF
Transaction Impact: A difference of 490,359,332.36 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

61596.1393
42555.3801
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 51191.7422
H2 Avg (Jul–Dec) 46144.8728

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±7802.2278
October Spread (Stable) ±1967.6663

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -6217.9659

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (January) 60009.4093
2019 Avg (January) 66459.1904

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