2020 NZD to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NZD to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NZD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 179266.5521. Conversely, the yearly low was recorded on March 22, dropping to 139796.6924.
This high-to-low spread represents a total annual volatility of 39469.8597 VEF. From a start-to-finish perspective, comparing the January average rate of 164301.1575 to the December average rate of 176333.9127, the exchange rate registered a net change of 7.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 179266.5521 was up 4.29% compared to the 2019 peak of 171899.7648, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
NZD 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 155688.4400, compared to 167589.8822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11901.4422 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 18067.4565 VEF (High: 157864.1489 / Low: 139796.6924). On the other end, October was the most stable month, with a tight range of 3185.4985 VEF (High: 166511.5222 / Low: 163326.0237).
Growth Streaks & Declines
TrendsBetween 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 8585.9130 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 176333.9127) against the same month in 2019 (average: 164020.3172), the exchange rate shifted by +12313.5954 (+7.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 167370.5170 | 160612.4144 | 164301.1575 |
| February | 161328.1651 | 155274.4979 | 158813.3578 |
| March | 157864.1489 | 139796.6924 | 150227.4447 |
| April | 152570.1472 | 145444.8007 | 149326.5619 |
| May | 154149.2352 | 147454.7465 | 151266.6531 |
| June | 163173.1917 | 156086.2809 | 160195.4652 |
| July | 166369.9369 | 160982.9468 | 163691.2052 |
| August | 167569.6155 | 162183.6965 | 164129.8937 |
| September | 168169.7633 | 162573.5410 | 165669.4807 |
| October | 166511.5222 | 163326.0237 | 164957.3877 |
| November | 174812.9143 | 163941.9559 | 170757.4134 |
| December | 179266.5521 | 174363.7108 | 176333.9127 |