2020 NIO to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NIO to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NIO to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 7412.3405. Conversely, the yearly low was recorded on November 10, dropping to 7035.3240.
This high-to-low spread represents a total annual volatility of 377.0166 VEF. From a start-to-finish perspective, comparing the January average rate of 7320.1489 to the December average rate of 7128.0479, the exchange rate registered a net change of -2.62% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 7412.3405 was down 3.44% compared to the 2019 peak of 7676.3702, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
NIO 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 7302.3983, compared to 7147.0997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 155.2987 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was April, with a trading range of 200.3141 VEF (High: 7392.4311 / Low: 7192.1170). On the other end, December was the most stable month, with a tight range of 20.8863 VEF (High: 7140.4495 / Low: 7119.5632).
Growth Streaks & Declines
TrendsBetween August and October, 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 June and July, when the average rate fell by 87.3789 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 7316.6116) against the same month in 2019 (average: 7571.5230), the exchange rate shifted by -254.9114 (-3.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7383.6484 | 7260.4132 | 7320.1489 |
| February | 7366.9039 | 7263.5967 | 7309.9444 |
| March | 7412.3405 | 7255.1136 | 7316.6116 |
| April | 7392.4311 | 7192.1170 | 7287.2094 |
| May | 7369.4173 | 7192.1170 | 7308.2458 |
| June | 7336.2645 | 7182.6916 | 7272.2299 |
| July | 7300.2001 | 7148.9168 | 7184.8511 |
| August | 7212.9940 | 7123.6510 | 7147.7116 |
| September | 7184.8386 | 7117.2982 | 7148.3562 |
| October | 7171.3605 | 7128.7546 | 7149.3491 |
| November | 7156.9021 | 7035.3240 | 7124.2822 |
| December | 7140.4495 | 7119.5632 | 7128.0479 |