YEARLY HIGH
30307.3257 VEF
YEARLY LOW
23774.2740 VEF
YEARLY AVERAGE
27072.8936 VEF

2020 SEK to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SEK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 30307.3257. Conversely, the yearly low was recorded on March 22, dropping to 23774.2740.

This high-to-low spread represents a total annual volatility of 6533.0517 VEF. From a start-to-finish perspective, comparing the January average rate of 26150.5645 to the December average rate of 29745.5045, the exchange rate registered a net change of 13.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 30307.3257 was up 8.12% compared to the 2019 peak of 28031.6423, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 151,536,629 VEF
2019 Average 131,470,424 VEF
Yearly Trough Low 118,871,370 VEF
Transaction Impact: A difference of 32,665,258.59 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

30240.2301
24303.5237
JanuMarcMayJulySeptNove

SEK 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 25690.9258, compared to 28454.8613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2763.9355 points.

H1 Avg (Jan–Jun) 25690.9258
H2 Avg (Jul–Dec) 28454.8613

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2707.6292 VEF (High: 26481.9032 / Low: 23774.2740). On the other end, February was the most stable month, with a tight range of 600.6327 VEF (High: 25919.5258 / Low: 25318.8930).

March Spread (Volatile) ±2707.6292
February Spread (Stable) ±600.6327

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 494.1335 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -494.1335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 29745.5045) against the same month in 2019 (average: 26359.7624), the exchange rate shifted by +3385.7422 (+12.84%).

2020 Avg (December) 29745.5045
2019 Avg (December) 26359.7624

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26585.9401 25762.4555 26150.5645
February 25919.5258 25318.8930 25666.2683
March 26481.9032 23774.2740 25292.3828
April 25442.8210 24378.5029 24798.2493
May 26354.0971 25063.3314 25561.1338
June 27182.7543 26221.5959 26676.9564
July 28613.7698 26648.6400 27482.7730
August 28824.3781 28206.9417 28506.6296
September 28633.6751 27202.8588 28092.2472
October 28432.8045 27759.3920 28131.3889
November 29252.4242 27879.4657 28770.6248
December 30307.3257 29249.6661 29745.5045