2020 SLL to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SLL to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SLL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 33.1994. Conversely, the yearly low was recorded on November 24, dropping to 23.9364.
This high-to-low spread represents a total annual volatility of 9.2629 VEF. From a start-to-finish perspective, comparing the January average rate of 33.1855 to the December average rate of 24.5356, the exchange rate registered a net change of -26.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 33.1994 was down 5.95% compared to the 2019 peak of 35.2997, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SLL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
SLL 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 29.5728, compared to 25.0312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.5416 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was April, with a trading range of 7.2972 VEF (High: 32.6828 / Low: 25.3857). On the other end, January was the most stable month, with a tight range of 0.0148 VEF (High: 33.1994 / Low: 33.1846).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 4.8333 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 33.1855) against the same month in 2019 (average: 29.6171), the exchange rate shifted by +3.5684 (+12.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.1994 | 33.1846 | 33.1855 |
| February | 33.1994 | 32.6649 | 32.7854 |
| March | 32.7008 | 32.6649 | 32.6850 |
| April | 32.6828 | 25.3857 | 27.8517 |
| May | 25.6437 | 25.2272 | 25.4250 |
| June | 25.5514 | 25.4728 | 25.5038 |
| July | 25.5468 | 25.3439 | 25.4486 |
| August | 25.3439 | 25.1338 | 25.2362 |
| September | 25.3753 | 25.1307 | 25.2055 |
| October | 25.3397 | 24.9298 | 25.1107 |
| November | 24.9511 | 23.9364 | 24.6504 |
| December | 24.6264 | 24.3737 | 24.5356 |