YEARLY HIGH
76.6772 VEF
YEARLY LOW
59.1391 VEF
YEARLY AVERAGE
67.5692 VEF

2020 COP to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the COP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 76.6772. Conversely, the yearly low was recorded on March 24, dropping to 59.1391.

This high-to-low spread represents a total annual volatility of 17.5381 VEF. From a start-to-finish perspective, comparing the January average rate of 75.0720 to the December average rate of 71.7707, the exchange rate registered a net change of -4.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 76.6772 was down 5.00% compared to the 2019 peak of 80.7111, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 383,386,002 VEF
2019 Average 379,275,025 VEF
Yearly Trough Low 295,695,388 VEF
Transaction Impact: A difference of 87,690,614.77 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

76.3159
61.3885
JanuMarcMayJulySeptNove

COP 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 67.7770, compared to 67.3614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4156 points.

H1 Avg (Jan–Jun) 67.7770
H2 Avg (Jul–Dec) 67.3614

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 13.0431 VEF (High: 72.1822 / Low: 59.1391). On the other end, October was the most stable month, with a tight range of 1.6973 VEF (High: 65.8894 / Low: 64.1921).

March Spread (Volatile) ±13.0431
October Spread (Stable) ±1.6973

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 8.6068 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -8.6068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 75.0720) against the same month in 2019 (average: 78.5523), the exchange rate shifted by -3.4803 (-4.43%).

2020 Avg (January) 75.0720
2019 Avg (January) 78.5523

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 76.6772 72.6557 75.0720
February 73.7762 71.1747 72.9473
March 72.1822 59.1391 64.3404
April 64.9217 60.3935 62.6324
May 67.0768 62.3384 64.5690
June 69.7484 65.4700 67.1009
July 68.9251 66.3948 68.0946
August 66.7612 64.3903 65.7356
September 68.0964 64.0002 66.2584
October 65.8894 64.1921 64.8358
November 68.9647 64.1827 67.4733
December 73.0945 69.6814 71.7707