2019 MXN to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MXN to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MXN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 13247.9862. Conversely, the yearly low was recorded on August 28, dropping to 12331.9866.
This high-to-low spread represents a total annual volatility of 915.9997 VEF. From a start-to-finish perspective, comparing the January average rate of 12959.8603 to the December average rate of 13017.4980, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 13247.9862 was down 0.43% compared to the 2018 peak of 13304.9307, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
MXN 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 12970.9385, compared to 12854.7398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 116.1988 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 593.3829 VEF (High: 12925.3694 / Low: 12331.9866). On the other end, July was the most stable month, with a tight range of 168.0344 VEF (High: 13121.1132 / Low: 12953.0789).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 423.3077 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2019: 13121.3844) against the same month in 2018 (average: 2716.6732), the exchange rate shifted by +10404.7112 (+382.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13157.6584 | 12655.5355 | 12959.8603 |
| February | 13051.4207 | 12788.1605 | 12956.8893 |
| March | 13207.4519 | 12698.6605 | 12906.3657 |
| April | 13247.9862 | 12921.2695 | 13121.3844 |
| May | 13134.3030 | 12667.7292 | 12999.4249 |
| June | 13075.6130 | 12545.5723 | 12881.7067 |
| July | 13121.1132 | 12953.0789 | 13046.2391 |
| August | 12925.3694 | 12331.9866 | 12622.9314 |
| September | 12829.2786 | 12344.1452 | 12690.1231 |
| October | 13041.1297 | 12537.9129 | 12871.1788 |
| November | 13009.8923 | 12705.8809 | 12880.4682 |
| December | 13194.3097 | 12692.0012 | 13017.4980 |