2020 CLP to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 CLP to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the CLP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 349.7357. Conversely, the yearly low was recorded on March 18, dropping to 286.2755.
This high-to-low spread represents a total annual volatility of 63.4602 VEF. From a start-to-finish perspective, comparing the January average rate of 321.2347 to the December average rate of 340.3081, the exchange rate registered a net change of 5.94% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 349.7357 was down 8.78% compared to the 2019 peak of 383.4164, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 CLP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
CLP 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 305.7718, compared to 322.7542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.9824 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was January, with a trading range of 25.0281 VEF (High: 335.5218 / Low: 310.4937). On the other end, November was the most stable month, with a tight range of 9.5711 VEF (High: 330.6560 / Low: 321.0849).
Growth Streaks & Declines
TrendsBetween April and July, 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 February and March, when the average rate fell by 15.5932 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 340.3081) against the same month in 2019 (average: 323.9781), the exchange rate shifted by +16.3300 (+5.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 335.5218 | 310.4937 | 321.2347 |
| February | 319.9277 | 303.8122 | 311.3701 |
| March | 305.6433 | 286.2755 | 295.7769 |
| April | 297.7328 | 286.9372 | 291.2966 |
| May | 310.9984 | 294.7311 | 303.1135 |
| June | 324.1319 | 302.0029 | 311.8389 |
| July | 328.3829 | 307.3059 | 317.1122 |
| August | 328.3829 | 307.6487 | 316.4468 |
| September | 326.8284 | 315.2997 | 321.2534 |
| October | 321.8752 | 309.0264 | 315.5835 |
| November | 330.6560 | 321.0849 | 325.8212 |
| December | 349.7357 | 326.9575 | 340.3081 |