2019 MGA to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MGA to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MGA to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 101.9969. Conversely, the yearly low was recorded on September 24, dropping to 65.7210.
This high-to-low spread represents a total annual volatility of 36.2759 VEF. From a start-to-finish perspective, comparing the January average rate of 69.8383 to the December average rate of 69.2761, the exchange rate registered a net change of -0.81% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 101.9969 was up 35.44% compared to the 2018 peak of 75.3098, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MGA based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
MGA 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 69.2270, compared to 67.6920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5350 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 34.7601 VEF (High: 101.9969 / Low: 67.2369). On the other end, June was the most stable month, with a tight range of 0.7225 VEF (High: 68.4303 / Low: 67.7078).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.3780 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 69.2761) against the same month in 2018 (average: 69.9843), the exchange rate shifted by -0.7082 (-1.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.3746 | 68.1321 | 69.8383 |
| February | 71.8172 | 68.6566 | 70.2759 |
| March | 71.0980 | 69.3665 | 70.1578 |
| April | 69.8981 | 68.1220 | 68.7798 |
| May | 69.0483 | 67.4396 | 68.1920 |
| June | 68.4303 | 67.7078 | 68.1183 |
| July | 68.8331 | 67.7774 | 68.3259 |
| August | 67.9392 | 66.6893 | 67.3841 |
| September | 67.1130 | 65.7210 | 66.4100 |
| October | 68.2658 | 66.6097 | 67.4166 |
| November | 68.8713 | 66.3790 | 67.3395 |
| December | 101.9969 | 67.2369 | 69.2761 |