2020 MXN to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MXN to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MXN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 13406.4017. Conversely, the yearly low was recorded on March 23, dropping to 9810.8319.
This high-to-low spread represents a total annual volatility of 3595.5698 VEF. From a start-to-finish perspective, comparing the January average rate of 13215.2441 to the December average rate of 12455.8517, the exchange rate registered a net change of -5.75% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 13406.4017 was up 1.20% compared to the 2019 peak of 13247.9862, 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 2020.
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 11600.6658, compared to 11690.9387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 90.2730 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 2989.4035 VEF (High: 12800.2354 / Low: 9810.8319). On the other end, January was the most stable month, with a tight range of 226.0524 VEF (High: 13317.1648 / Low: 13091.1125).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1987.4575 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 13187.8818) against the same month in 2019 (average: 12956.8893), the exchange rate shifted by +230.9925 (+1.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13317.1648 | 13091.1125 | 13215.2441 |
| February | 13406.4017 | 12669.5390 | 13187.8818 |
| March | 12800.2354 | 9810.8319 | 11200.4243 |
| April | 10649.2807 | 9830.9511 | 10266.1205 |
| May | 11208.0311 | 10003.8319 | 10606.4490 |
| June | 11568.1515 | 10775.5589 | 11127.8748 |
| July | 11323.3040 | 10896.6691 | 11094.2611 |
| August | 11423.7627 | 10973.9788 | 11217.5842 |
| September | 11891.6937 | 11088.8563 | 11493.0516 |
| October | 11910.1895 | 11374.5665 | 11697.8680 |
| November | 12440.8351 | 11625.2072 | 12187.0157 |
| December | 12567.3356 | 12282.0643 | 12455.8517 |