2020 MMK to VEF Historical Review

YEARLY HIGH

194.4136 VEF

YEARLY LOW

167.4928 VEF

YEARLY AVERAGE

180.8700 VEF

2020 MMK to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 194.4136. Conversely, the yearly low was recorded on January 1, dropping to 167.4928.

This high-to-low spread represents a total annual volatility of 26.9208 VEF. From a start-to-finish perspective, comparing the January average rate of 169.2161 to the December average rate of 185.8774, the exchange rate registered a net change of 9.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 194.4136 was up 15.46% compared to the 2019 peak of 168.3889, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 972,068 VEF

2019 Average 816,641 VEF

Yearly Trough Low 837,464 VEF

Transaction Impact: A difference of 134,604.22 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

194.6217

166.9065

JanuMarcMayJulySeptNove

MMK 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 174.7149, compared to 187.0252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.3103 points.

H1 Avg (Jan–Jun) 174.7149

H2 Avg (Jul–Dec) 187.0252

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 12.9970 VEF (High: 185.9902 / Low: 172.9931). On the other end, January was the most stable month, with a tight range of 2.8535 VEF (High: 170.3463 / Low: 167.4928).

March Spread (Volatile) ±12.9970

January Spread (Stable) ±2.8535

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 5.3548 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -5.3548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 192.3121) against the same month in 2019 (average: 162.3640), the exchange rate shifted by +29.9481 (+18.45%).

2020 Avg (October) 192.3121

2019 Avg (October) 162.3640

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	170.3463	167.4928	169.2161
February	172.9931	169.7541	171.3374
March	185.9902	172.9931	177.4653
April	178.3843	171.3309	174.9332
May	178.5614	175.6908	177.1086
June	181.2260	176.8888	178.2287
July	182.6743	178.8429	181.5942
August	187.2727	181.1250	183.0948
September	190.1568	186.2452	188.0402
October	194.4136	190.1929	192.3121
November	193.6919	188.9283	191.2322
December	188.5640	179.5590	185.8774