2021 GIP to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GIP to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GIP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 339953.0229. Conversely, the yearly low was recorded on December 20, dropping to 1.3208.
This high-to-low spread represents a total annual volatility of 339951.7021 VEF. From a start-to-finish perspective, comparing the January average rate of 32887.5562 to the December average rate of 1.3309, the exchange rate registered a net change of -100.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 339953.0229 was up 0.06% compared to the 2020 peak of 339732.2507, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GIP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
GIP 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 5482.4203, compared to 1.3632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5481.0572 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 339951.6711 VEF (High: 339953.0229 / Low: 1.3519). On the other end, October was the most stable month, with a tight range of 0.0277 VEF (High: 1.3822 / Low: 1.3545).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 32886.1688 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 32887.5562) against the same month in 2020 (average: 324918.6428), the exchange rate shifted by -292031.0865 (-89.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 339953.0229 | 1.3519 | 32887.5562 |
| February | 1.4147 | 1.3650 | 1.3874 |
| March | 1.3988 | 1.3688 | 1.3858 |
| April | 1.3992 | 1.3706 | 1.3836 |
| May | 1.4226 | 1.3817 | 1.4077 |
| June | 1.4176 | 1.3801 | 1.4013 |
| July | 1.3964 | 1.3633 | 1.3816 |
| August | 1.3927 | 1.3622 | 1.3795 |
| September | 1.3865 | 1.3428 | 1.3742 |
| October | 1.3822 | 1.3545 | 1.3685 |
| November | 1.3694 | 1.3295 | 1.3443 |
| December | 1.3532 | 1.3208 | 1.3309 |