2019 MYR to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MYR to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MYR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 61358.0034. Conversely, the yearly low was recorded on September 2, dropping to 58861.0106.
This high-to-low spread represents a total annual volatility of 2496.9928 VEF. From a start-to-finish perspective, comparing the January average rate of 60376.2608 to the December average rate of 59925.7863, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 61358.0034 was up 1.04% compared to the 2018 peak of 60728.7569, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
MYR 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 60330.4940, compared to 59681.4959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 648.9982 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 1283.6231 VEF (High: 60747.4984 / Low: 59463.8753). On the other end, October was the most stable month, with a tight range of 264.1942 VEF (High: 59463.8753 / Low: 59199.6811).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 934.5666 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2019: 60918.4903) against the same month in 2018 (average: 9320.8133), the exchange rate shifted by +51597.6770 (+553.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 60688.1085 | 59973.7122 | 60376.2608 |
| February | 61106.0229 | 60658.3016 | 60934.5916 |
| March | 61358.0034 | 60725.3935 | 60918.4903 |
| April | 60918.7650 | 59775.7138 | 60355.0239 |
| May | 60124.2813 | 59227.0126 | 59606.1389 |
| June | 60215.9843 | 59275.4586 | 59792.4588 |
| July | 60558.0002 | 59984.9468 | 60283.7195 |
| August | 59978.6775 | 58911.2476 | 59349.1530 |
| September | 59656.6015 | 58861.0106 | 59399.7675 |
| October | 59463.8753 | 59199.6811 | 59355.6527 |
| November | 60230.6676 | 59468.1446 | 59774.8962 |
| December | 60747.4984 | 59463.8753 | 59925.7863 |