YEARLY HIGH
16029.0781 VEF
YEARLY LOW
15298.7965 VEF
YEARLY AVERAGE
15717.9599 VEF

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.

Transfer Payout Power Comparison

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

Yearly Peak High 80,145,391 VEF
2019 Average 73,975,291 VEF
Yearly Trough Low 76,493,982 VEF
Transaction Impact: A difference of 3,651,408.27 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

15926.3222
15321.2534
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 15703.0266
H2 Avg (Jul–Dec) 15732.8932

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±318.8427
April Spread (Stable) ±50.3960

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -395.6119

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (March) 15842.3506
2019 Avg (March) 14301.9129

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