YEARLY HIGH
1611.9811 VEF
YEARLY LOW
1471.3491 VEF
YEARLY AVERAGE
1536.8608 VEF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 805,990,565 VEF
2019 Average 829,661,920 VEF
Yearly Trough Low 735,674,563 VEF
Transaction Impact: A difference of 70,316,001.26 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1622.6536
1465.1744
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1557.5777
H2 Avg (Jul–Dec) 1516.1440

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±118.0505
February Spread (Stable) ±4.4765

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -60.2007

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (March) 1570.0989
2019 Avg (March) 1777.5306

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