YEARLY HIGH
68.6430 VEF
YEARLY LOW
62.5126 VEF
YEARLY AVERAGE
65.2546 VEF

2020 MGA to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 68.6430. Conversely, the yearly low was recorded on November 17, dropping to 62.5126.

This high-to-low spread represents a total annual volatility of 6.1304 VEF. From a start-to-finish perspective, comparing the January average rate of 67.5126 to the December average rate of 65.0966, the exchange rate registered a net change of -3.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 68.6430 was down 32.70% compared to the 2019 peak of 101.9969, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 343,215 VEF
2019 Average 342,267 VEF
Yearly Trough Low 312,563 VEF
Transaction Impact: A difference of 30,651.90 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

67.9268
62.9560
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 66.2310, compared to 64.2781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9529 points.

H1 Avg (Jan–Jun) 66.2310
H2 Avg (Jul–Dec) 64.2781

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 3.2334 VEF (High: 66.7978 / Low: 63.5643). On the other end, May was the most stable month, with a tight range of 0.8662 VEF (High: 65.8040 / Low: 64.9378).

December Spread (Volatile) ±3.2334
May Spread (Stable) ±0.8662

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.9287 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.9287

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 67.5126) against the same month in 2019 (average: 69.8383), the exchange rate shifted by -2.3257 (-3.33%).

2020 Avg (January) 67.5126
2019 Avg (January) 69.8383

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 68.6430 66.7553 67.5126
February 68.5483 66.5600 67.0865
March 68.1721 65.9158 66.7588
April 66.2634 64.9912 65.8479
May 65.8040 64.9378 65.2331
June 66.3962 64.1695 64.9473
July 65.3571 64.1745 64.6412
August 65.5813 64.4660 64.7594
September 64.8192 63.7899 64.3650
October 63.8848 62.5281 63.4363
November 65.6777 62.5126 63.3702
December 66.7978 63.5643 65.0966