2020 HNL to VEF Historical Review

YEARLY HIGH

10287.2787 VEF

YEARLY LOW

9819.7053 VEF

YEARLY AVERAGE

10046.4188 VEF

2020 HNL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HNL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 10287.2787. Conversely, the yearly low was recorded on January 14, dropping to 9819.7053.

This high-to-low spread represents a total annual volatility of 467.5734 VEF. From a start-to-finish perspective, comparing the January average rate of 10025.7277 to the December average rate of 10249.6429, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 10287.2787 was down 38.44% compared to the 2019 peak of 16711.7531, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 51,436,393 VEF

2019 Average 50,647,335 VEF

Yearly Trough Low 49,098,526 VEF

Transaction Impact: A difference of 2,337,866.91 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

10279.4777

9921.4601

JanuMarcMayJulySeptNove

HNL 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 9986.5569, compared to 10106.2807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 119.7238 points.

H1 Avg (Jan–Jun) 9986.5569

H2 Avg (Jul–Dec) 10106.2807

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 295.1738 VEF (High: 10114.8791 / Low: 9819.7053). On the other end, October was the most stable month, with a tight range of 61.7178 VEF (High: 10142.3523 / Low: 10080.6346).

January Spread (Volatile) ±295.1738

October Spread (Stable) ±61.7178

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 23.5055 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -23.5055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 10249.6429) against the same month in 2019 (average: 10268.6305), the exchange rate shifted by -18.9876 (-0.18%).

2020 Avg (December) 10249.6429

2019 Avg (December) 10268.6305

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10114.8791	9819.7053	10025.7277
February	10091.9712	9959.4245	10012.1542
March	10122.0764	9934.2906	9989.2280
April	10043.4960	9939.5057	9974.8004
May	10011.4338	9927.5930	9951.2949
June	10014.1169	9947.4637	9966.1362
July	10042.1055	9959.4245	9986.9205
August	10109.5660	9959.4245	10050.6892
September	10088.0760	10019.6630	10056.8914
October	10142.3523	10080.6346	10110.8212
November	10242.0467	10112.9344	10182.7191
December	10287.2787	10219.8265	10249.6429