2020 MRO to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MRO to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MRO to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 696.0438. Conversely, the yearly low was recorded on December 31, dropping to 696.0438.
This high-to-low spread represents a total annual volatility of 0.0000 VEF. From a start-to-finish perspective, comparing the January average rate of 696.0438 to the December average rate of 696.0438, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 696.0438 was up 0.00% compared to the 2019 peak of 696.0438, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MRO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MRO 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 696.0438, compared to 696.0438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was January, with a trading range of 0.0000 VEF (High: 696.0438 / Low: 696.0438). On the other end, December was the most stable month, with a tight range of 0.0000 VEF (High: 696.0438 / Low: 696.0438).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 696.0438) against the same month in 2019 (average: 696.0438), the exchange rate shifted by +0.0000 (+0.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 696.0438 | 696.0438 | 696.0438 |
| February | 696.0438 | 696.0438 | 696.0438 |
| March | 696.0438 | 696.0438 | 696.0438 |
| April | 696.0438 | 696.0438 | 696.0438 |
| May | 696.0438 | 696.0438 | 696.0438 |
| June | 696.0438 | 696.0438 | 696.0438 |
| July | 696.0438 | 696.0438 | 696.0438 |
| August | 696.0438 | 696.0438 | 696.0438 |
| September | 696.0438 | 696.0438 | 696.0438 |
| October | 696.0438 | 696.0438 | 696.0438 |
| November | 696.0438 | 696.0438 | 696.0438 |
| December | 696.0438 | 696.0438 | 696.0438 |