YEARLY HIGH
13406.4017 VEF
YEARLY LOW
9810.8319 VEF
YEARLY AVERAGE
11645.8022 VEF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 670,320,085 VEF
2019 Average 645,634,496 VEF
Yearly Trough Low 490,541,596 VEF
Transaction Impact: A difference of 179,778,489.38 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13510.1565
9971.2081
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 11600.6658
H2 Avg (Jul–Dec) 11690.9387

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±2989.4035
January Spread (Stable) ±226.0524

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -1987.4575

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (February) 13187.8818
2019 Avg (February) 12956.8893

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