2020 GNF to VEF Historical Review

YEARLY HIGH

26.4349 VEF

YEARLY LOW

24.8239 VEF

YEARLY AVERAGE

25.8365 VEF

2020 GNF to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 26.4349. Conversely, the yearly low was recorded on December 30, dropping to 24.8239.

This high-to-low spread represents a total annual volatility of 1.6109 VEF. From a start-to-finish perspective, comparing the January average rate of 26.1996 to the December average rate of 24.9889, the exchange rate registered a net change of -4.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 26.4349 was down 3.94% compared to the 2019 peak of 27.5178, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 132,174 VEF

2019 Average 134,622 VEF

Yearly Trough Low 124,120 VEF

Transaction Impact: A difference of 8,054.58 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

26.3638

24.8639

JanuMarcMayJulySeptNove

GNF 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 26.1792, compared to 25.4938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6854 points.

H1 Avg (Jan–Jun) 26.1792

H2 Avg (Jul–Dec) 25.4938

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.5481 VEF (High: 26.4349 / Low: 25.8868). On the other end, July was the most stable month, with a tight range of 0.0614 VEF (High: 25.8437 / Low: 25.7823).

January Spread (Volatile) ±0.5481

July Spread (Stable) ±0.0614

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 November and December, when the average rate fell by 0.3865 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.3865

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 26.1996) against the same month in 2019 (average: 27.1246), the exchange rate shifted by -0.9249 (-3.41%).

2020 Avg (January) 26.1996

2019 Avg (January) 27.1246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.4349	25.8868	26.1996
February	26.3997	26.0807	26.2388
March	26.3997	25.8934	26.2213
April	26.3927	26.0018	26.1736
May	26.3897	25.9907	26.2311
June	26.2950	25.7776	26.0108
July	25.8437	25.7823	25.8107
August	25.8437	25.7156	25.7664
September	25.8303	25.4125	25.6153
October	25.4859	25.3555	25.4064
November	25.4859	25.2650	25.3753
December	25.3042	24.8239	24.9889