YEARLY HIGH
32637.9946 VEF
YEARLY LOW
31325.9651 VEF
YEARLY AVERAGE
32179.5361 VEF

2020 GTQ to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GTQ to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 32637.9946. Conversely, the yearly low was recorded on March 26, dropping to 31325.9651.

This high-to-low spread represents a total annual volatility of 1312.0295 VEF. From a start-to-finish perspective, comparing the January average rate of 32279.0202 to the December average rate of 31836.4084, the exchange rate registered a net change of -1.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 32637.9946 was down 0.79% compared to the 2019 peak of 32898.7232, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 163,189,973 VEF
2019 Average 161,381,899 VEF
Yearly Trough Low 156,629,826 VEF
Transaction Impact: A difference of 6,560,147.54 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

32578.9130
31768.9080
JanuMarcMayJulySeptNove

GTQ 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 32319.0131, compared to 32040.0591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 278.9541 points.

H1 Avg (Jan–Jun) 32319.0131
H2 Avg (Jul–Dec) 32040.0591

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1312.0295 VEF (High: 32637.9946 / Low: 31325.9651). On the other end, July was the most stable month, with a tight range of 94.2552 VEF (High: 32318.7232 / Low: 32224.4680).

March Spread (Volatile) ±1312.0295
July Spread (Stable) ±94.2552

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 221.3321 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -221.3321

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 32315.5389) against the same month in 2019 (average: 32303.3907), the exchange rate shifted by +12.1482 (+0.04%).

2020 Avg (March) 32315.5389
2019 Avg (March) 32303.3907

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32423.2971 32085.2985 32279.0202
February 32587.4791 32421.8207 32511.4126
March 32637.9946 31325.9651 32315.5389
April 32466.3802 32087.1961 32233.9701
May 32408.8516 32195.6841 32280.5810
June 32360.6352 32226.3737 32293.5562
July 32318.7232 32224.4680 32281.2240
August 32368.1807 32178.6526 32258.0860
September 32159.8576 31917.2922 32036.7539
October 31967.3495 31872.7666 31931.6454
November 31970.7756 31780.1886 31896.2367
December 31884.2668 31763.6872 31836.4084