2020 PHP to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PHP to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PHP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 5179.4962. Conversely, the yearly low was recorded on March 18, dropping to 4801.6944.
This high-to-low spread represents a total annual volatility of 377.8018 VEF. From a start-to-finish perspective, comparing the January average rate of 4888.3395 to the December average rate of 5167.9107, the exchange rate registered a net change of 5.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 5179.4962 was up 5.00% compared to the 2019 peak of 4932.7753, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
PHP 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 4908.0089, compared to 5114.7053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 206.6964 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 157.3871 VEF (High: 4959.0815 / Low: 4801.6944). On the other end, September was the most stable month, with a tight range of 28.0729 VEF (High: 5135.3574 / Low: 5107.2846).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 10.4303 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 5167.9107) against the same month in 2019 (average: 4894.8565), the exchange rate shifted by +273.0542 (+5.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4923.4608 | 4861.4966 | 4888.3395 |
| February | 4922.7612 | 4865.0899 | 4891.0057 |
| March | 4959.0815 | 4801.6944 | 4880.5754 |
| April | 4949.6452 | 4865.9930 | 4905.2119 |
| May | 4978.7132 | 4881.4453 | 4918.3110 |
| June | 4999.9913 | 4925.5295 | 4964.6099 |
| July | 5061.9380 | 4987.2599 | 5029.4221 |
| August | 5142.5561 | 5052.6537 | 5094.8982 |
| September | 5135.3574 | 5107.2846 | 5121.7644 |
| October | 5137.7491 | 5103.0502 | 5123.3367 |
| November | 5173.3710 | 5115.8288 | 5150.8994 |
| December | 5179.4962 | 5149.6293 | 5167.9107 |