2020 CRC to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 CRC to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the CRC to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 443.2693. Conversely, the yearly low was recorded on November 14, dropping to 404.4593.
This high-to-low spread represents a total annual volatility of 38.8100 VEF. From a start-to-finish perspective, comparing the January average rate of 437.2327 to the December average rate of 410.5007, the exchange rate registered a net change of -6.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 443.2693 was down 0.66% compared to the 2019 peak of 446.2341, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CRC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
CRC 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 435.5731, compared to 415.4346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 20.1385 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 16.0722 VEF (High: 442.6267 / Low: 426.5545). On the other end, July was the most stable month, with a tight range of 2.7468 VEF (High: 428.2836 / Low: 425.5369).
Growth Streaks & Declines
TrendsBetween March and May, 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 July and August, when the average rate fell by 7.5234 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 435.8327) against the same month in 2019 (average: 414.3172), the exchange rate shifted by +21.5156 (+5.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 441.4185 | 432.9506 | 437.2327 |
| February | 439.6498 | 433.2389 | 436.5759 |
| March | 442.6267 | 426.5545 | 435.7477 |
| April | 443.2693 | 428.3901 | 435.8327 |
| May | 440.4043 | 435.4597 | 436.9134 |
| June | 437.5052 | 428.2514 | 431.1361 |
| July | 428.2836 | 425.5369 | 426.8852 |
| August | 425.5369 | 417.1979 | 419.3618 |
| September | 417.7814 | 411.5863 | 415.8833 |
| October | 413.0326 | 409.5744 | 411.7789 |
| November | 414.3418 | 404.4593 | 408.1977 |
| December | 413.9474 | 407.0755 | 410.5007 |