2020 BZD to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BZD to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BZD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 125587.1642. Conversely, the yearly low was recorded on January 1, dropping to 122646.2918.
This high-to-low spread represents a total annual volatility of 2940.8724 VEF. From a start-to-finish perspective, comparing the January average rate of 123278.8825 to the December average rate of 123265.7936, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 125587.1642 was up 0.19% compared to the 2019 peak of 125347.1265, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BZD 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 123359.0273, compared to 123305.0543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 53.9730 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 2708.4640 VEF (High: 125587.1642 / Low: 122878.7002). On the other end, February was the most stable month, with a tight range of 129.1197 VEF (High: 123347.9450 / Low: 123218.8253).
Growth Streaks & Declines
TrendsBetween June and August, 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 April and May, when the average rate fell by 188.9587 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 123508.5538) against the same month in 2019 (average: 123407.4068), the exchange rate shifted by +101.1470 (+0.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 123644.0240 | 122646.2918 | 123278.8825 |
| February | 123347.9450 | 123218.8253 | 123272.9274 |
| March | 125587.1642 | 122878.7002 | 123508.5538 |
| April | 125319.8171 | 122734.4331 | 123501.4087 |
| May | 124089.0820 | 123191.7024 | 123312.4500 |
| June | 123323.7642 | 123185.9617 | 123279.9416 |
| July | 123878.2564 | 123135.5397 | 123302.5520 |
| August | 123935.2842 | 122923.2566 | 123398.1628 |
| September | 123349.1696 | 123194.8173 | 123276.6770 |
| October | 123944.4952 | 122916.6896 | 123288.8744 |
| November | 123931.3283 | 123192.2521 | 123298.2661 |
| December | 123366.0103 | 123216.8701 | 123265.7936 |