YEARLY HIGH
340.5240 VEF
YEARLY LOW
321.6669 VEF
YEARLY AVERAGE
333.9987 VEF

2020 MWK to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MWK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 340.5240. Conversely, the yearly low was recorded on December 2, dropping to 321.6669.

This high-to-low spread represents a total annual volatility of 18.8571 VEF. From a start-to-finish perspective, comparing the January average rate of 337.5172 to the December average rate of 323.9494, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 340.5240 was down 1.67% compared to the 2019 peak of 346.3141, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,702,620 VEF
2019 Average 1,692,579 VEF
Yearly Trough Low 1,608,334 VEF
Transaction Impact: A difference of 94,285.57 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

339.7731
322.5108
JanuMarcMayJulySeptNove

MWK 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 337.5869, compared to 330.4106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.1763 points.

H1 Avg (Jan–Jun) 337.5869
H2 Avg (Jul–Dec) 330.4106

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 4.9360 VEF (High: 336.2155 / Low: 331.2794). On the other end, May was the most stable month, with a tight range of 2.3062 VEF (High: 339.0111 / Low: 336.7049).

August Spread (Volatile) ±4.9360
May Spread (Stable) ±2.3062

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 July and August, when the average rate fell by 3.9036 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.9036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 337.5526) against the same month in 2019 (average: 342.2604), the exchange rate shifted by -4.7077 (-1.38%).

2020 Avg (March) 337.5526
2019 Avg (March) 342.2604

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 338.3830 335.7123 337.5172
February 340.3940 336.7543 338.3346
March 340.5240 335.7860 337.5526
April 339.3347 336.3246 337.6396
May 339.0111 336.7049 337.5242
June 338.0784 335.4910 336.9532
July 338.1616 334.7481 337.1678
August 336.2155 331.2794 333.2642
September 333.3295 330.0759 331.4852
October 331.3169 327.8512 329.6354
November 329.6564 324.8204 326.9615
December 325.9934 321.6669 323.9494