2020 ZAR to VEF Historical Review

YEARLY HIGH

17737.0814 VEF

YEARLY LOW

12894.9980 VEF

YEARLY AVERAGE

15183.6916 VEF

2020 ZAR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 17737.0814. Conversely, the yearly low was recorded on April 5, dropping to 12894.9980.

This high-to-low spread represents a total annual volatility of 4842.0835 VEF. From a start-to-finish perspective, comparing the January average rate of 17251.2452 to the December average rate of 16714.5375, the exchange rate registered a net change of -3.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 17737.0814 was down 5.31% compared to the 2019 peak of 18732.3870, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 886,854,071 VEF

2019 Average 860,702,840 VEF

Yearly Trough Low 644,749,898 VEF

Transaction Impact: A difference of 242,104,173.44 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

17641.6628

12956.6526

JanuMarcMayJulySeptNove

ZAR 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 15039.4987, compared to 15327.8844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 288.3856 points.

H1 Avg (Jan–Jun) 15039.4987

H2 Avg (Jul–Dec) 15327.8844

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2407.9656 VEF (High: 16277.9403 / Low: 13869.9747). On the other end, October was the most stable month, with a tight range of 477.2494 VEF (High: 15338.0617 / Low: 14860.8123).

March Spread (Volatile) ±2407.9656

October Spread (Stable) ±477.2494

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 1586.8514 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1586.8514

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 17251.2452) against the same month in 2019 (average: 17967.9230), the exchange rate shifted by -716.6777 (-3.99%).

2020 Avg (January) 17251.2452

2019 Avg (January) 17967.9230

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17737.0814	16558.2591	17251.2452
February	16837.3735	15858.0454	16509.1916
March	16277.9403	13869.9747	14922.3402
April	13781.1348	12894.9980	13347.0701
May	14314.1300	13134.4328	13691.5373
June	15037.0345	14257.7858	14515.6080
July	15147.4368	14472.5825	14821.9814
August	14993.6578	14045.6711	14434.4612
September	15369.0840	14486.8934	14863.1950
October	15338.0617	14860.8123	15119.4437
November	16420.0362	15266.0881	16013.6875
December	17098.1657	16250.8897	16714.5375