2020 TWD to VEF Historical Review

YEARLY HIGH

8883.1086 VEF

YEARLY LOW

8173.3979 VEF

YEARLY AVERAGE

8442.5619 VEF

2020 TWD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TWD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 8883.1086. Conversely, the yearly low was recorded on February 22, dropping to 8173.3979.

This high-to-low spread represents a total annual volatility of 709.7108 VEF. From a start-to-finish perspective, comparing the January average rate of 8279.4416 to the December average rate of 8816.4465, the exchange rate registered a net change of 6.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 8883.1086 was up 6.94% compared to the 2019 peak of 8307.0117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44,415,543 VEF

2019 Average 40,231,979 VEF

Yearly Trough Low 40,866,989 VEF

Transaction Impact: A difference of 3,548,553.84 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

8874.4250

8178.6840

JanuMarcMayJulySeptNove

TWD 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 8285.8130, compared to 8599.3107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 313.4977 points.

H1 Avg (Jan–Jun) 8285.8130

H2 Avg (Jul–Dec) 8599.3107

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 167.7576 VEF (High: 8755.5455 / Low: 8587.7879). On the other end, August was the most stable month, with a tight range of 40.4267 VEF (High: 8481.9072 / Low: 8441.4806).

October Spread (Volatile) ±167.7576

August Spread (Stable) ±40.4267

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 42.7792 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -42.7792

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 8816.4465) against the same month in 2019 (average: 8216.4673), the exchange rate shifted by +599.9792 (+7.30%).

2020 Avg (December) 8816.4465

2019 Avg (December) 8216.4673

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8315.9078	8184.4354	8279.4416
February	8303.6801	8173.3979	8236.6624
March	8332.9189	8190.1000	8253.2368
April	8343.2711	8210.3962	8262.6154
May	8334.5959	8260.0686	8299.3639
June	8448.5700	8308.9561	8383.5582
July	8492.4006	8427.5951	8444.3076
August	8481.9072	8441.4806	8462.3849
September	8590.1332	8469.5338	8508.2662
October	8755.5455	8587.7879	8657.7167
November	8735.1092	8676.5474	8706.7424
December	8883.1086	8723.1197	8816.4465