YEARLY HIGH
349.7357 VEF
YEARLY LOW
286.2755 VEF
YEARLY AVERAGE
314.2630 VEF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 349,735,662 VEF
2019 Average 354,167,160 VEF
Yearly Trough Low 286,275,466 VEF
Transaction Impact: A difference of 63,460,195.64 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

345.2093
286.3954
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 305.7718
H2 Avg (Jul–Dec) 322.7542

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±25.0281
November Spread (Stable) ±9.5711

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -15.5932

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (December) 340.3081
2019 Avg (December) 323.9781

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