YEARLY HIGH
61552.5495 VEF
YEARLY LOW
55934.1907 VEF
YEARLY AVERAGE
59177.5817 VEF

2020 MYR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 61552.5495. Conversely, the yearly low was recorded on March 23, dropping to 55934.1907.

This high-to-low spread represents a total annual volatility of 5618.3588 VEF. From a start-to-finish perspective, comparing the January average rate of 60932.6526 to the December average rate of 61257.9258, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 61552.5495 was up 0.32% compared to the 2019 peak of 61358.0034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 1,231,050,990 VEF
2019 Average 1,200,005,710 VEF
Yearly Trough Low 1,118,683,814 VEF
Transaction Impact: A difference of 112,367,175.30 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

61670.8243
56716.0422
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 58515.1902, compared to 59839.9732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1324.7829 points.

H1 Avg (Jan–Jun) 58515.1902
H2 Avg (Jul–Dec) 59839.9732

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3776.8852 VEF (High: 59711.0759 / Low: 55934.1907). On the other end, October was the most stable month, with a tight range of 345.6935 VEF (High: 59999.4307 / Low: 59653.7372).

March Spread (Volatile) ±3776.8852
October Spread (Stable) ±345.6935

Growth Streaks & Declines

Trends

Between April and September, 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 1890.1879 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1890.1879

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 61257.9258) against the same month in 2019 (average: 59925.7863), the exchange rate shifted by +1332.1395 (+2.22%).

2020 Avg (December) 61257.9258
2019 Avg (December) 59925.7863

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 61277.8087 60569.8092 60932.6526
February 60664.4620 58681.6961 59754.6938
March 59711.0759 55934.1907 57864.5059
April 57814.7143 56532.2813 57128.9407
May 57821.4409 56946.8643 57269.4301
June 58474.5461 57593.6128 58140.9181
July 58612.4879 57956.2879 58260.3723
August 59653.7372 58605.5760 59330.0529
September 60393.1565 59567.9353 59885.7274
October 59999.4307 59653.7372 59851.3550
November 61090.9999 59617.9564 60454.4055
December 61552.5495 60971.0814 61257.9258