YEARLY HIGH
0.0010 CVE
YEARLY LOW
0.0004 CVE
YEARLY AVERAGE
0.0004 CVE

2020 VEF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the VEF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0010. Conversely, the yearly low was recorded on December 30, dropping to 0.0004.

This high-to-low spread represents a total annual volatility of 0.0007 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0004 to the December average rate of 0.0004, the exchange rate registered a net change of -8.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0010 was up 154.41% compared to the 2019 peak of 0.0004, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5 CVE
2019 Average 2 CVE
Yearly Trough Low 2 CVE
Transaction Impact: A difference of 3.37 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0004
0.0004
JanuMarcMayJulySeptNove

VEF to CVE 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 0.0004, compared to 0.0004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0004
H2 Avg (Jul–Dec) 0.0004

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0006 CVE (High: 0.0010 / Low: 0.0004). On the other end, April was the most stable month, with a tight range of 0.0000 CVE (High: 0.0004 / Low: 0.0004).

March Spread (Volatile) ±0.0006
April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0004) against the same month in 2019 (average: 0.0004), the exchange rate shifted by +0.0000 (+7.69%).

2020 Avg (March) 0.0004
2019 Avg (March) 0.0004

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0004 0.0004 0.0004
February 0.0004 0.0004 0.0004
March 0.0010 0.0004 0.0004
April 0.0004 0.0004 0.0004
May 0.0004 0.0004 0.0004
June 0.0004 0.0004 0.0004
July 0.0004 0.0004 0.0004
August 0.0004 0.0004 0.0004
September 0.0004 0.0004 0.0004
October 0.0004 0.0004 0.0004
November 0.0004 0.0004 0.0004
December 0.0004 0.0004 0.0004