2020 KRW to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000,000 KRW based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |