2020 PKR to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PKR to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PKR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 1611.9811. Conversely, the yearly low was recorded on August 8, dropping to 1471.3491.
This high-to-low spread represents a total annual volatility of 140.6320 VEF. From a start-to-finish perspective, comparing the January average rate of 1605.9368 to the December average rate of 1550.3178, the exchange rate registered a net change of -3.46% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 1611.9811 was down 10.19% compared to the 2019 peak of 1794.7825, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 PKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
PKR 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 1557.5777, compared to 1516.1440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 41.4337 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 118.0505 VEF (High: 1611.9811 / Low: 1493.9306). On the other end, February was the most stable month, with a tight range of 4.4765 VEF (High: 1611.4980 / Low: 1607.0216).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 60.2007 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 1570.0989) against the same month in 2019 (average: 1777.5306), the exchange rate shifted by -207.4317 (-11.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1609.1619 | 1596.3480 | 1605.9368 |
| February | 1611.4980 | 1607.0216 | 1609.5304 |
| March | 1611.9811 | 1493.9306 | 1570.0989 |
| April | 1553.4393 | 1482.5499 | 1509.8982 |
| May | 1567.7454 | 1526.1071 | 1549.5099 |
| June | 1524.1341 | 1477.7737 | 1500.4920 |
| July | 1495.7073 | 1477.9121 | 1486.0081 |
| August | 1501.5742 | 1471.3491 | 1478.2977 |
| September | 1502.5505 | 1492.4183 | 1496.7538 |
| October | 1548.6921 | 1505.3778 | 1526.0382 |
| November | 1571.2149 | 1543.5465 | 1559.4482 |
| December | 1557.0940 | 1546.5715 | 1550.3178 |