2020 IDR to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 IDR to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the IDR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 18.8000. Conversely, the yearly low was recorded on March 23, dropping to 14.6363.
This high-to-low spread represents a total annual volatility of 4.1637 VEF. From a start-to-finish perspective, comparing the January average rate of 18.1132 to the December average rate of 17.6045, the exchange rate registered a net change of -2.81% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 18.8000 was up 5.04% compared to the 2019 peak of 17.8987, indicating shifts in long-term support levels.
Comparing the value generated converting 10,000,000 IDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
IDR 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 17.1060, compared to 17.1315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0255 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 3.1800 VEF (High: 17.8163 / Low: 14.6363). On the other end, December was the most stable month, with a tight range of 0.3056 VEF (High: 17.8047 / Low: 17.4991).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.6465 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 18.1132) against the same month in 2019 (average: 17.5601), the exchange rate shifted by +0.5531 (+3.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.8000 | 17.8253 | 18.1132 |
| February | 18.2131 | 17.7283 | 18.0739 |
| March | 17.8163 | 14.6363 | 16.4274 |
| April | 16.4021 | 14.9293 | 15.7832 |
| May | 16.9847 | 16.1016 | 16.7398 |
| June | 17.7817 | 17.0110 | 17.4987 |
| July | 17.4309 | 16.7938 | 17.1101 |
| August | 17.1346 | 16.6576 | 16.9175 |
| September | 16.9623 | 16.4944 | 16.7581 |
| October | 17.0815 | 16.7311 | 16.9004 |
| November | 17.7010 | 16.9783 | 17.4985 |
| December | 17.8047 | 17.4991 | 17.6045 |