2020 SEK to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |