YEARLY HIGH
23462.6385 VEF
YEARLY LOW
20133.6195 VEF
YEARLY AVERAGE
21743.7065 VEF

2020 BWP to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BWP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 23462.6385. Conversely, the yearly low was recorded on April 23, dropping to 20133.6195.

This high-to-low spread represents a total annual volatility of 3329.0189 VEF. From a start-to-finish perspective, comparing the January average rate of 23171.3966 to the December average rate of 22811.7073, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 23462.6385 was down 2.69% compared to the 2019 peak of 24111.2283, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 117,313,192 VEF
2019 Average 115,537,393 VEF
Yearly Trough Low 100,668,098 VEF
Transaction Impact: A difference of 16,645,094.74 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

23445.9683
20151.1070
JanuMarcMayJulySeptNove

BWP 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 21623.8077, compared to 21863.6053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 239.7977 points.

H1 Avg (Jan–Jun) 21623.8077
H2 Avg (Jul–Dec) 21863.6053

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1704.4955 VEF (High: 22502.3477 / Low: 20797.8522). On the other end, October was the most stable month, with a tight range of 473.1676 VEF (High: 21924.4813 / Low: 21451.3137).

March Spread (Volatile) ±1704.4955
October Spread (Stable) ±473.1676

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1278.4998 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1278.4998

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 23171.3966) against the same month in 2019 (average: 23579.4730), the exchange rate shifted by -408.0765 (-1.73%).

2020 Avg (January) 23171.3966
2019 Avg (January) 23579.4730

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23462.6385 22763.5648 23171.3966
February 22850.7096 22352.0030 22602.3402
March 22502.3477 20797.8522 21704.1786
April 20877.7354 20133.6195 20425.6788
May 21030.4344 20361.6843 20609.0958
June 21624.0497 21004.6950 21230.1560
July 21775.4263 21055.7481 21452.9220
August 21686.1324 21023.9576 21352.5819
September 21980.7860 21266.9850 21597.1246
October 21924.4813 21451.3137 21692.1934
November 22522.7579 21740.4990 22275.1028
December 23065.6681 22414.8358 22811.7073