YEARLY HIGH
68400.8900 VEF
YEARLY LOW
67715.8676 VEF
YEARLY AVERAGE
68243.6406 VEF

2020 QAR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 68400.8900. Conversely, the yearly low was recorded on May 25, dropping to 67715.8676.

This high-to-low spread represents a total annual volatility of 685.0224 VEF. From a start-to-finish perspective, comparing the January average rate of 68248.8152 to the December average rate of 68233.3264, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 68400.8900 was down 0.19% compared to the 2019 peak of 68530.1475, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 342,004,450 VEF
2019 Average 341,240,955 VEF
Yearly Trough Low 338,579,338 VEF
Transaction Impact: A difference of 3,425,111.80 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

68253.5201
68228.0108
JanuMarcMayJulySeptNove

QAR 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 68244.8670, compared to 68242.4141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4529 points.

H1 Avg (Jan–Jun) 68244.8670
H2 Avg (Jul–Dec) 68242.4141

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 616.5360 VEF (High: 68332.4036 / Low: 67715.8676). On the other end, June was the most stable month, with a tight range of 13.7946 VEF (High: 68251.5105 / Low: 68237.7158).

May Spread (Volatile) ±616.5360
June Spread (Stable) ±13.7946

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 16.6970 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -16.6970

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 68251.3943) against the same month in 2019 (average: 68246.1389), the exchange rate shifted by +5.2554 (+0.01%).

2020 Avg (March) 68251.3943
2019 Avg (March) 68246.1389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 68278.4223 68246.9741 68248.8152
February 68255.7662 68237.2474 68247.0816
March 68400.8900 68166.3952 68251.3943
April 68296.0249 68131.3699 68245.4856
May 68332.4036 67715.8676 68230.1366
June 68251.5105 68237.7158 68246.2888
July 68252.2041 68233.7996 68247.1593
August 68304.7545 68050.8214 68230.4623
September 68276.5462 68241.5950 68248.9203
October 68298.1085 68235.8795 68247.7295
November 68252.7290 68233.4811 68246.8868
December 68251.7729 68078.6196 68233.3264