YEARLY HIGH
229.2596 VEF
YEARLY LOW
196.9857 VEF
YEARLY AVERAGE
210.9468 VEF

2020 KRW to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KRW to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 229.2596. Conversely, the yearly low was recorded on March 23, dropping to 196.9857.

This high-to-low spread represents a total annual volatility of 32.2739 VEF. From a start-to-finish perspective, comparing the January average rate of 213.1108 to the December average rate of 227.1009, the exchange rate registered a net change of 6.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 229.2596 was up 2.41% compared to the 2019 peak of 223.8623, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,146,298,233 VEF
2019 Average 1,066,906,470 VEF
Yearly Trough Low 984,928,623 VEF
Transaction Impact: A difference of 161,369,610.61 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

229.5974
199.6397
JanuMarcMayJulySeptNove

KRW 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 206.1238, compared to 215.7699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.6460 points.

H1 Avg (Jan–Jun) 206.1238
H2 Avg (Jul–Dec) 215.7699

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 12.7156 VEF (High: 209.7013 / Low: 196.9857). On the other end, August was the most stable month, with a tight range of 2.4319 VEF (High: 210.4775 / Low: 208.0456).

March Spread (Volatile) ±12.7156
August Spread (Stable) ±2.4319

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 January and February, when the average rate fell by 5.1369 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -5.1369

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 227.1009) against the same month in 2019 (average: 212.0229), the exchange rate shifted by +15.0780 (+7.11%).

2020 Avg (December) 227.1009
2019 Avg (December) 212.0229

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 215.1520 207.7708 213.1108
February 210.7703 203.9040 207.9739
March 209.7013 196.9857 204.3961
April 205.2752 200.9109 203.2381
May 203.7419 200.2286 202.1362
June 208.6799 203.1688 205.8878
July 208.8746 206.1710 207.2210
August 210.4775 208.0456 209.2959
September 213.5507 208.5030 210.9721
October 220.2036 213.0454 217.1741
November 224.8696 218.6130 222.8552
December 229.2596 224.0222 227.1009