YEARLY HIGH
339732.2507 VEF
YEARLY LOW
285545.4445 VEF
YEARLY AVERAGE
318984.7267 VEF

2020 FKP to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FKP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 339732.2507. Conversely, the yearly low was recorded on March 19, dropping to 285545.4445.

This high-to-low spread represents a total annual volatility of 54186.8062 VEF. From a start-to-finish perspective, comparing the January average rate of 324918.6428 to the December average rate of 334172.2256, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 339732.2507 was up 1.47% compared to the 2019 peak of 334794.7037, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,698,661,253 VEF
2019 Average 1,586,842,664 VEF
Yearly Trough Low 1,427,727,222 VEF
Transaction Impact: A difference of 270,934,030.89 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

337033.1035
302702.5686
JanuMarcMayJulySeptNove

FKP 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 313277.3331, compared to 324692.1203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11414.7872 points.

H1 Avg (Jan–Jun) 313277.3331
H2 Avg (Jul–Dec) 324692.1203

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 39870.5354 VEF (High: 325415.9799 / Low: 285545.4445). On the other end, October was the most stable month, with a tight range of 6105.9973 VEF (High: 326246.1216 / Low: 320140.1243).

March Spread (Volatile) ±39870.5354
October Spread (Stable) ±6105.9973

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 14710.9228 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -14710.9228

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 334172.2256) against the same month in 2019 (average: 325815.3442), the exchange rate shifted by +8356.8813 (+2.56%).

2020 Avg (December) 334172.2256
2019 Avg (December) 325815.3442

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 329295.8579 322701.1655 324918.6428
February 328117.9253 318598.4079 322243.9216
March 325415.9799 285545.4445 307532.9988
April 313713.3543 303572.7368 308430.3307
May 310659.2583 300296.2534 305563.4465
June 316437.9442 305904.3613 310974.6580
July 325901.6741 309770.0759 314776.4015
August 332062.0035 324163.6452 326485.1681
September 332970.6104 315926.9991 321809.3481
October 326246.1216 320140.1243 322488.9066
November 332536.1556 321095.7368 328420.6717
December 339732.2507 328637.3663 334172.2256