YEARLY HIGH
16146.0456 VEF
YEARLY LOW
15990.1958 VEF
YEARLY AVERAGE
16106.8487 VEF

2020 MVR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MVR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 16146.0456. Conversely, the yearly low was recorded on March 11, dropping to 15990.1958.

This high-to-low spread represents a total annual volatility of 155.8499 VEF. From a start-to-finish perspective, comparing the January average rate of 16078.4217 to the December average rate of 16121.6244, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 16146.0456 was down 0.26% compared to the 2019 peak of 16188.1379, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80,730,228 VEF
2019 Average 80,449,847 VEF
Yearly Trough Low 79,950,979 VEF
Transaction Impact: A difference of 779,249.31 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

16138.8349
16050.9115
JanuMarcMayJulySeptNove

MVR 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 16085.0061, compared to 16128.6913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 43.6851 points.

H1 Avg (Jan–Jun) 16085.0061
H2 Avg (Jul–Dec) 16128.6913

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 145.3654 VEF (High: 16135.5612 / Low: 15990.1958). On the other end, November was the most stable month, with a tight range of 10.4708 VEF (High: 16135.5612 / Low: 16125.0903).

March Spread (Volatile) ±145.3654
November Spread (Stable) ±10.4708

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 56.7761 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -56.7761

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 16081.4193) against the same month in 2019 (average: 16073.1715), the exchange rate shifted by +8.2478 (+0.05%).

2020 Avg (February) 16081.4193
2019 Avg (February) 16073.1715

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16092.0218 16057.3598 16078.4217
February 16146.0456 16021.1246 16081.4193
March 16135.5612 15990.1958 16086.1814
April 16135.5612 16072.9393 16115.0146
May 16083.3425 16031.4608 16058.2385
June 16135.5612 16021.1246 16090.7614
July 16135.5612 16125.0903 16131.5080
August 16135.5612 16124.8926 16128.3626
September 16135.5612 16125.0161 16129.9784
October 16135.5612 16119.8600 16129.6504
November 16135.5612 16125.0903 16131.0238
December 16135.5612 16072.9393 16121.6244