2020 MVR to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |