2020 LBP to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 LBP to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the LBP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 293.8909. Conversely, the yearly low was recorded on June 21, dropping to 148.5413.
This high-to-low spread represents a total annual volatility of 145.3497 VEF. From a start-to-finish perspective, comparing the January average rate of 164.1846 to the December average rate of 164.0345, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 293.8909 was up 75.89% compared to the 2019 peak of 167.0836, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LBP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
LBP 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 164.7176, compared to 164.8061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0884 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 129.9888 VEF (High: 293.8909 / Low: 163.9021). On the other end, February was the most stable month, with a tight range of 0.2393 VEF (High: 164.3659 / Low: 164.1266).
Growth Streaks & Declines
TrendsBetween January and March, 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 July and August, when the average rate fell by 4.1297 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2020: 168.3885) against the same month in 2019 (average: 164.4706), the exchange rate shifted by +3.9179 (+2.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 164.7402 | 161.4197 | 164.1846 |
| February | 164.3659 | 164.1266 | 164.2645 |
| March | 273.8485 | 163.2284 | 167.7316 |
| April | 164.9357 | 163.0385 | 164.1872 |
| May | 164.4568 | 164.0492 | 164.2621 |
| June | 165.0244 | 148.5413 | 163.6759 |
| July | 293.8909 | 163.9021 | 168.3885 |
| August | 164.7762 | 163.8697 | 164.2588 |
| September | 164.4073 | 163.1140 | 164.0381 |
| October | 164.4823 | 163.4007 | 164.0915 |
| November | 164.7560 | 163.4897 | 164.0250 |
| December | 164.3027 | 163.3944 | 164.0345 |