YEARLY HIGH
305604.8907 VEF
YEARLY LOW
264767.6772 VEF
YEARLY AVERAGE
283712.4612 VEF

2020 EUR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 305604.8907. Conversely, the yearly low was recorded on March 19, dropping to 264767.6772.

This high-to-low spread represents a total annual volatility of 40837.2135 VEF. From a start-to-finish perspective, comparing the January average rate of 275913.3756 to the December average rate of 302480.7249, the exchange rate registered a net change of 9.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 305604.8907 was up 6.44% compared to the 2019 peak of 287111.2883, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,528,024,454 VEF
2019 Average 1,391,355,357 VEF
Yearly Trough Low 1,323,838,386 VEF
Transaction Impact: A difference of 204,186,067.67 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

305724.5815
266798.3015
JanuMarcMayJulySeptNove

EUR 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 273945.0792, compared to 293479.8431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19534.7638 points.

H1 Avg (Jan–Jun) 273945.0792
H2 Avg (Jul–Dec) 293479.8431

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 18495.9583 VEF (High: 283263.6355 / Low: 264767.6772). On the other end, October was the most stable month, with a tight range of 4648.4949 VEF (High: 294768.3341 / Low: 290119.8392).

March Spread (Volatile) ±18495.9583
October Spread (Stable) ±4648.4949

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 5147.8515 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -5147.8515

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 302480.7249) against the same month in 2019 (average: 276115.8201), the exchange rate shifted by +26364.9048 (+9.55%).

2020 Avg (December) 302480.7249
2019 Avg (December) 276115.8201

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 278777.3600 273683.7933 275913.3756
February 275679.5726 268062.3600 271276.2144
March 283263.6355 264767.6772 275190.0097
April 272930.7767 267734.5431 270042.1582
May 276214.3110 268337.9415 271595.5318
June 282456.4157 276453.6984 279653.1858
July 295007.0013 279238.8170 284756.7277
August 296855.8502 291601.8507 293969.3620
September 296263.3695 289014.7332 292883.6244
October 294768.3341 290119.8392 292412.1965
November 297486.6720 289275.4857 294376.4231
December 305604.8907 299944.6460 302480.7249