2020 EGP to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 EGP to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the EGP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 16029.0781. Conversely, the yearly low was recorded on June 4, dropping to 15298.7965.
This high-to-low spread represents a total annual volatility of 730.2817 VEF. From a start-to-finish perspective, comparing the January average rate of 15630.5856 to the December average rate of 15837.5145, the exchange rate registered a net change of 1.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 16029.0781 was up 3.40% compared to the 2019 peak of 15502.2829, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
EGP 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 15703.0266, compared to 15732.8932 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.8666 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was May, with a trading range of 318.8427 VEF (High: 15985.4228 / Low: 15666.5801). On the other end, April was the most stable month, with a tight range of 50.3960 VEF (High: 15779.6522 / Low: 15729.2561).
Growth Streaks & Declines
TrendsBetween June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 395.6119 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 15842.3506) against the same month in 2019 (average: 14301.9129), the exchange rate shifted by +1540.4377 (+10.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15756.6845 | 15457.5374 | 15630.5856 |
| February | 15972.4914 | 15698.7486 | 15845.3664 |
| March | 16029.0781 | 15756.8364 | 15842.3506 |
| April | 15779.6522 | 15729.2561 | 15760.8937 |
| May | 15985.4228 | 15666.5801 | 15767.2878 |
| June | 15593.6318 | 15298.7965 | 15371.6758 |
| July | 15594.4147 | 15407.6976 | 15523.6815 |
| August | 15675.8713 | 15505.5718 | 15592.9574 |
| September | 15793.6070 | 15655.6248 | 15748.9903 |
| October | 15865.8996 | 15776.1918 | 15818.3157 |
| November | 15942.6315 | 15792.4346 | 15875.8998 |
| December | 15944.7757 | 15760.0474 | 15837.5145 |