2020 FJD to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 FJD to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the FJD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 121855.4542. Conversely, the yearly low was recorded on March 21, dropping to 105113.2158.
This high-to-low spread represents a total annual volatility of 16742.2384 VEF. From a start-to-finish perspective, comparing the January average rate of 114718.6535 to the December average rate of 120820.3040, the exchange rate registered a net change of 5.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 121855.4542 was down 10.22% compared to the 2019 peak of 135727.9681, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
FJD 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 111884.2389, compared to 117503.0226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5618.7836 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 7758.7543 VEF (High: 112871.9701 / Low: 105113.2158). On the other end, October was the most stable month, with a tight range of 1512.5774 VEF (High: 117454.9264 / Low: 115942.3489).
Growth Streaks & Declines
TrendsBetween April and September, 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 February and March, when the average rate fell by 3487.8306 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 120820.3040) against the same month in 2019 (average: 114670.0565), the exchange rate shifted by +6150.2476 (+5.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 115866.6615 | 113454.3157 | 114718.6535 |
| February | 113682.6984 | 111742.6160 | 112843.6840 |
| March | 112871.9701 | 105113.2158 | 109355.8534 |
| April | 111767.7464 | 107979.4209 | 109342.6881 |
| May | 112184.0371 | 110050.1084 | 110935.1789 |
| June | 115371.7347 | 113183.0113 | 114109.3757 |
| July | 117133.7995 | 114550.0252 | 115728.0886 |
| August | 118200.8050 | 116237.9335 | 116781.9482 |
| September | 118276.7586 | 115307.4906 | 117003.2449 |
| October | 117454.9264 | 115942.3489 | 116483.9767 |
| November | 119744.4244 | 115926.1219 | 118200.5728 |
| December | 121855.4542 | 119568.6855 | 120820.3040 |