2020 NAD to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NAD to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NAD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 17736.4484. Conversely, the yearly low was recorded on April 23, dropping to 13016.6392.
This high-to-low spread represents a total annual volatility of 4719.8092 VEF. From a start-to-finish perspective, comparing the January average rate of 17310.7279 to the December average rate of 16708.6538, the exchange rate registered a net change of -3.48% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 17736.4484 was down 5.04% compared to the 2019 peak of 18677.6388, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
NAD 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 15080.0373, compared to 15270.6448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 190.6075 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 2365.9169 VEF (High: 16209.2395 / Low: 13843.3227). On the other end, July was the most stable month, with a tight range of 539.4749 VEF (High: 15096.4546 / Low: 14556.9796).
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 February and March, when the average rate fell by 1615.5499 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 17310.7279) against the same month in 2019 (average: 17900.2209), the exchange rate shifted by -589.4931 (-3.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17736.4484 | 16812.4251 | 17310.7279 |
| February | 16823.8079 | 16135.5612 | 16597.2369 |
| March | 16209.2395 | 13843.3227 | 14981.6870 |
| April | 13874.2402 | 13016.6392 | 13397.2266 |
| May | 14289.1111 | 13281.0071 | 13674.4338 |
| June | 14978.1581 | 14215.5402 | 14518.9116 |
| July | 15096.4546 | 14556.9796 | 14840.6522 |
| August | 15005.2924 | 14046.7859 | 14330.2306 |
| September | 15310.3908 | 14322.0543 | 14794.7326 |
| October | 15376.7105 | 13724.8076 | 14961.3602 |
| November | 16283.5939 | 15235.2938 | 15988.2393 |
| December | 17084.0593 | 16182.8487 | 16708.6538 |