YEARLY HIGH
32063.0043 VEF
YEARLY LOW
31877.4156 VEF
YEARLY AVERAGE
32036.1966 VEF

2020 HKD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 32063.0043. Conversely, the yearly low was recorded on February 29, dropping to 31877.4156.

This high-to-low spread represents a total annual volatility of 185.5887 VEF. From a start-to-finish perspective, comparing the January average rate of 31966.4730 to the December average rate of 32053.6137, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 32063.0043 was up 0.46% compared to the 2019 peak of 31916.9274, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 801,575,108 VEF
2019 Average 792,867,227 VEF
Yearly Trough Low 796,935,390 VEF
Transaction Impact: A difference of 4,639,718.40 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

32072.0900
31949.2730
JanuMarcMayJulySeptNove

HKD 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 32014.9378, compared to 32057.4555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 42.5177 points.

H1 Avg (Jan–Jun) 32014.9378
H2 Avg (Jul–Dec) 32057.4555

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 170.8735 VEF (High: 32054.6494 / Low: 31883.7759). On the other end, September was the most stable month, with a tight range of 2.9371 VEF (High: 32062.7561 / Low: 32059.8190).

March Spread (Volatile) ±170.8735
September Spread (Stable) ±2.9371

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 10.4349 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -10.4349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 32059.2260) against the same month in 2019 (average: 31686.8911), the exchange rate shifted by +372.3349 (+1.18%).

2020 Avg (October) 32059.2260
2019 Avg (October) 31686.8911

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31995.7923 31887.3560 31966.4730
February 32006.1818 31877.4156 31959.5078
March 32054.6494 31883.7759 32000.4046
April 32061.9287 32049.4815 32056.4254
May 32061.4736 31992.9499 32045.9905
June 32062.4251 32055.6832 32060.8254
July 32062.7975 32046.8775 32057.3919
August 32062.1355 32056.9238 32060.7512
September 32062.7561 32059.8190 32061.8552
October 32063.0043 32044.5218 32059.2260
November 32060.2740 32043.7326 32051.8951
December 32061.4736 32043.8689 32053.6137