YEARLY HIGH
31053.0018 VEF
YEARLY LOW
29096.2526 VEF
YEARLY AVERAGE
30189.8857 VEF

2020 SBD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SBD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 31053.0018. Conversely, the yearly low was recorded on March 3, dropping to 29096.2526.

This high-to-low spread represents a total annual volatility of 1956.7492 VEF. From a start-to-finish perspective, comparing the January average rate of 30002.7713 to the December average rate of 30899.2669, the exchange rate registered a net change of 2.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 31053.0018 was down 0.32% compared to the 2019 peak of 31153.4811, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 155,265,009 VEF
2019 Average 151,523,293 VEF
Yearly Trough Low 145,481,263 VEF
Transaction Impact: A difference of 9,783,745.94 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

31009.4242
29687.5363
JanuMarcMayJulySeptNove

SBD 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 29943.2790, compared to 30436.4925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 493.2135 points.

H1 Avg (Jan–Jun) 29943.2790
H2 Avg (Jul–Dec) 30436.4925

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1032.4965 VEF (High: 30128.7492 / Low: 29096.2526). On the other end, June was the most stable month, with a tight range of 141.7442 VEF (High: 29855.2940 / Low: 29713.5498).

March Spread (Volatile) ±1032.4965
June Spread (Stable) ±141.7442

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 120.0583 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -120.0583

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 30788.1961) against the same month in 2019 (average: 30038.9784), the exchange rate shifted by +749.2177 (+2.49%).

2020 Avg (November) 30788.1961
2019 Avg (November) 30038.9784

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30463.4677 29810.2334 30002.7713
February 30214.1765 30054.1706 30106.7259
March 30128.7492 29096.2526 30012.7773
April 29960.1700 29799.8802 29892.7190
May 30055.1775 29645.9468 29846.9867
June 29855.2940 29713.5498 29797.6936
July 30158.2107 29685.9574 29863.1821
August 30207.9250 30058.7914 30098.7466
September 30555.9006 30062.9808 30376.0775
October 30750.2243 30427.0570 30593.4856
November 31053.0018 30670.1145 30788.1961
December 31053.0018 30744.1978 30899.2669