YEARLY HIGH
17736.4484 VEF
YEARLY LOW
13025.3803 VEF
YEARLY AVERAGE
15195.3814 VEF

2020 SZL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SZL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 17736.4484. Conversely, the yearly low was recorded on April 23, dropping to 13025.3803.

This high-to-low spread represents a total annual volatility of 4711.0681 VEF. From a start-to-finish perspective, comparing the January average rate of 17311.1299 to the December average rate of 16680.1592, the exchange rate registered a net change of -3.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 17736.4484 was down 5.02% compared to the 2019 peak of 18673.4715, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88,682,242 VEF
2019 Average 86,094,349 VEF
Yearly Trough Low 65,126,902 VEF
Transaction Impact: A difference of 23,555,340.44 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

17702.7761
13003.0219
JanuMarcMayJulySeptNove

SZL 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 15075.1832, compared to 15315.5795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 240.3963 points.

H1 Avg (Jan–Jun) 15075.1832
H2 Avg (Jul–Dec) 15315.5795

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2378.2238 VEF (High: 16260.0871 / Low: 13881.8632). On the other end, October was the most stable month, with a tight range of 532.5120 VEF (High: 15411.2275 / Low: 14878.7155).

March Spread (Volatile) ±2378.2238
October Spread (Stable) ±532.5120

Growth Streaks & Declines

Trends

Between 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 February and March, when the average rate fell by 1606.7999 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1606.7999

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 17311.1299) against the same month in 2019 (average: 17903.0149), the exchange rate shifted by -591.8850 (-3.31%).

2020 Avg (January) 17311.1299
2019 Avg (January) 17903.0149

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17736.4484 16818.1145 17311.1299
February 16876.0963 16250.0736 16582.0535
March 16260.0871 13881.8632 14975.2537
April 13880.9102 13025.3803 13394.6681
May 14306.0447 13289.9826 13675.8930
June 15003.8065 14230.6362 14512.1012
July 15102.6388 14399.7424 14827.3808
August 14924.8443 14025.1686 14450.3346
September 15372.7503 14498.2849 14845.1469
October 15411.2275 14878.7155 15091.9877
November 16349.2523 15244.6406 15998.4680
December 17047.5076 16204.1637 16680.1592