2019 SGD to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 SGD to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the SGD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 184647.1743. Conversely, the yearly low was recorded on September 2, dropping to 178562.9333.
This high-to-low spread represents a total annual volatility of 6084.2410 VEF. From a start-to-finish perspective, comparing the January average rate of 183225.9029 to the December average rate of 183183.0360, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 184647.1743 was up 1.23% compared to the 2018 peak of 182411.5489, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
SGD 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 182871.7769, compared to 181500.1591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1371.6179 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was October, with a trading range of 3234.7312 VEF (High: 182613.4812 / Low: 179378.7500). On the other end, November was the most stable month, with a tight range of 1417.3913 VEF (High: 183086.9645 / Low: 181669.5732).
Growth Streaks & Declines
TrendsBetween August and December, 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 July and August, when the average rate fell by 3097.1927 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2019: 183504.9088) against the same month in 2018 (average: 27666.2199), the exchange rate shifted by +155838.6889 (+563.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 184598.2039 | 181682.8561 | 183225.9029 |
| February | 184412.4352 | 182641.3996 | 183561.6676 |
| March | 184647.1743 | 182664.0896 | 183504.9088 |
| April | 183806.3659 | 182378.1252 | 183234.4773 |
| May | 182657.7788 | 179954.6233 | 181293.3784 |
| June | 183806.2299 | 180818.8863 | 182410.3266 |
| July | 183309.0081 | 180782.5781 | 182498.8673 |
| August | 180482.0179 | 178678.7486 | 179401.6746 |
| September | 180930.0063 | 178562.9333 | 180090.3034 |
| October | 182613.4812 | 179378.7500 | 181346.5229 |
| November | 183086.9645 | 181669.5732 | 182480.5500 |
| December | 184294.2642 | 181736.1398 | 183183.0360 |