2020 ETB to VEF Historical Review

YEARLY HIGH

7849.6538 VEF

YEARLY LOW

6314.9196 VEF

YEARLY AVERAGE

7139.7682 VEF

2020 ETB to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 7849.6538. Conversely, the yearly low was recorded on December 31, dropping to 6314.9196.

This high-to-low spread represents a total annual volatility of 1534.7341 VEF. From a start-to-finish perspective, comparing the January average rate of 7751.0562 to the December average rate of 6420.7328, the exchange rate registered a net change of -17.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 7849.6538 was down 11.22% compared to the 2019 peak of 8841.8882, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39,248,269 VEF

2019 Average 42,564,655 VEF

Yearly Trough Low 31,574,598 VEF

Transaction Impact: A difference of 7,673,670.54 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

7884.0885

6287.7004

JanuMarcMayJulySeptNove

ETB 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 7536.5343, compared to 6743.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 793.5322 points.

H1 Avg (Jan–Jun) 7536.5343

H2 Avg (Jul–Dec) 6743.0020

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 236.8104 VEF (High: 6760.0430 / Low: 6523.2327). On the other end, January was the most stable month, with a tight range of 64.5167 VEF (High: 7776.7340 / Low: 7712.2173).

October Spread (Volatile) ±236.8104

January Spread (Stable) ±64.5167

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 168.7609 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -168.7609

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 7741.7788) against the same month in 2019 (average: 8726.9877), the exchange rate shifted by -985.2089 (-11.29%).

2020 Avg (February) 7741.7788

2019 Avg (February) 8726.9877

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7776.7340	7712.2173	7751.0562
February	7849.6538	7654.6771	7741.7788
March	7683.8705	7522.8302	7620.7007
April	7640.3365	7435.0557	7518.7136
May	7482.8237	7263.1721	7363.6798
June	7305.4515	7089.0209	7223.2765
July	7138.3982	7039.0699	7062.4830
August	7101.8381	6874.0143	6951.4767
September	6896.1860	6744.0571	6782.7158
October	6760.0430	6523.2327	6678.6193
November	6709.8198	6500.7004	6561.9846
December	6502.1290	6314.9196	6420.7328