Visa (V) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -8.2% | -0.3% | -5.6% | +9.1% | -1.1% | -1.2% | — | — | — | — | — | — |
| 2025 | +8.2% | +6.3% | -3.4% | -1.4% | +5.9% | -2.8% | -2.7% | +2.0% | -3.0% | -0.2% | -1.7% | +4.9% |
| 2024 | +5.0% | +3.6% | -1.3% | -3.8% | +1.6% | -3.7% | +1.2% | +4.2% | -0.5% | +5.4% | +8.9% | +0.3% |
| 2023 | +10.8% | -4.3% | +2.5% | +3.2% | -4.8% | +7.4% | +0.1% | +3.5% | -6.4% | +2.2% | +9.4% | +1.4% |
| 2022 | +4.4% | -4.3% | +2.6% | -3.9% | -0.3% | -7.2% | +7.7% | -6.2% | -10.6% | +16.6% | +5.0% | -4.3% |
| 2021 | -11.6% | +10.1% | -0.3% | +10.3% | -2.5% | +2.9% | +5.4% | -6.9% | -2.8% | -4.9% | -8.3% | +11.8% |
| 2020 | +5.9% | -8.5% | -11.4% | +10.9% | +9.4% | -1.1% | -1.4% | +11.5% | -5.7% | -9.1% | +15.9% | +4.0% |
| 2019 | +2.3% | +9.9% | +5.5% | +5.3% | -1.7% | +7.6% | +2.6% | +1.7% | -4.9% | +4.0% | +3.3% | +1.8% |
| 2018 | +9.0% | -0.9% | -2.7% | +6.1% | +3.2% | +1.3% | +3.2% | +7.6% | +2.2% | -8.2% | +3.0% | -6.9% |
| 2017 | +6.0% | +6.5% | +1.1% | +2.6% | +4.6% | -1.5% | +6.2% | +4.2% | +1.7% | +4.5% | +2.5% | +1.3% |
| 2016 | -3.9% | -2.6% | +5.6% | +1.0% | +2.4% | -6.0% | +5.2% | +3.8% | +2.2% | -0.2% | -6.1% | +0.9% |
| 2015 | -2.8% | +6.6% | -3.6% | +1.0% | +4.2% | -2.2% | +12.2% | -5.2% | -2.3% | +11.4% | +2.0% | -1.8% |
| 2014 | -3.3% | +5.1% | -4.5% | -6.1% | +6.3% | -1.9% | +0.1% | +0.9% | +0.4% | +13.2% | +7.1% | +1.5% |
| 2013 | +4.1% | +0.7% | +7.0% | -0.8% | +5.9% | +2.6% | -3.1% | -1.3% | +9.6% | +2.9% | +3.7% | +9.4% |
| 2012 | -0.9% | +15.9% | +1.4% | +4.2% | -6.2% | +7.4% | +4.4% | -0.5% | +4.7% | +3.3% | +8.2% | +1.3% |
| 2011 | -0.8% | +4.8% | +0.9% | +6.0% | +4.0% | +3.9% | +1.5% | +2.9% | -2.4% | +8.8% | +4.2% | +4.7% |
| 2010 | -6.2% | +4.1% | +6.7% | -0.9% | -19.5% | -2.4% | +3.7% | -5.7% | +7.6% | +5.3% | -5.3% | -4.7% |
| 2009 | -5.9% | +15.1% | -1.9% | +16.8% | +4.4% | -8.1% | +5.2% | +8.7% | -2.8% | +9.6% | +7.1% | +8.0% |
| 2008 | — | — | — | +33.8% | +3.5% | -5.8% | -10.2% | +4.0% | -19.1% | -9.9% | -4.8% | -0.3% |
| Avg | +0.7% | +3.8% | -0.1% | +4.9% | +1.0% | -0.5% | +2.3% | +1.6% | -1.8% | +3.0% | +3.0% | +1.9% |
| Median | +0.8% | +4.5% | +0.3% | +3.2% | +3.2% | -1.7% | +2.9% | +2.5% | -2.4% | +3.7% | +3.5% | +1.3% |
| Last 5Y Avg | +4.0% | +0.2% | -1.0% | +0.7% | +0.3% | -0.7% | +2.3% | -0.7% | -4.6% | +3.8% | +2.7% | +2.8% |
| Std Dev (σ) | 6.4% | 6.6% | 4.8% | 9.1% | 6.4% | 5.0% | 4.9% | 5.2% | 6.6% | 7.6% | 6.3% | 4.8% |
| Consistency (μ/σ) | 0.10 | 0.57 | -0.01 | 0.54 | 0.16 | -0.11 | 0.47 | 0.31 | -0.27 | 0.40 | 0.48 | 0.39 |
| Win Rate (%) | 50% | 67% | 50% | 68% | 63% | 39% | 78% | 67% | 39% | 67% | 72% | 72% |
| Winning / Losing Months | ▲9▼9 | ▲12▼6 | ▲9▼9 | ▲13▼6 | ▲12▼7 | ▲7▼11 | ▲14▼4 | ▲12▼6 | ▲7▼11 | ▲12▼6 | ▲13▼5 | ▲13▼5 |
| Longest Win / Loss Streak | ▲4▼4 | ▲7▼2 | ▲4▼3 | ▲7▼2 | ▲6▼3 | ▲3▼4 | ▲6▼1 | ▲5▼2 | ▲3▼7 | ▲7▼2 | ▲5▼1 | ▲4▼1 |
| Best | +10.8%in January 2023 | +15.9%in February 2012 | +7.0%in March 2013 | +33.8%in April 2008 | +9.4%in May 2020 | +7.6%in June 2019 | +12.2%in July 2015 | +11.5%in August 2020 | +9.6%in September 2013 | +16.6%in October 2022 | +15.9%in November 2020 | +11.8%in December 2021 |
| Worst | -11.6%in January 2021 | -8.5%in February 2020 | -11.4%in March 2020 | -6.1%in April 2014 | -19.5%in May 2010 | -8.1%in June 2009 | -10.2%in July 2008 | -6.9%in August 2021 | -19.1%in September 2008 | -9.9%in October 2008 | -8.3%in November 2021 | -6.9%in December 2018 |
−19.5%+33.8%
2026
Jan-8.2%
Feb-0.3%
Mar-5.6%
Apr+9.1%
May-1.1%
Jun-1.2%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+8.2%
Feb+6.3%
Mar-3.4%
Apr-1.4%
May+5.9%
Jun-2.8%
Jul-2.7%
Aug+2.0%
Sep-3.0%
Oct-0.2%
Nov-1.7%
Dec+4.9%
2024
Jan+5.0%
Feb+3.6%
Mar-1.3%
Apr-3.8%
May+1.6%
Jun-3.7%
Jul+1.2%
Aug+4.2%
Sep-0.5%
Oct+5.4%
Nov+8.9%
Dec+0.3%
2023
Jan+10.8%
Feb-4.3%
Mar+2.5%
Apr+3.2%
May-4.8%
Jun+7.4%
Jul+0.1%
Aug+3.5%
Sep-6.4%
Oct+2.2%
Nov+9.4%
Dec+1.4%
2022
Jan+4.4%
Feb-4.3%
Mar+2.6%
Apr-3.9%
May-0.3%
Jun-7.2%
Jul+7.7%
Aug-6.2%
Sep-10.6%
Oct+16.6%
Nov+5.0%
Dec-4.3%
2021
Jan-11.6%
Feb+10.1%
Mar-0.3%
Apr+10.3%
May-2.5%
Jun+2.9%
Jul+5.4%
Aug-6.9%
Sep-2.8%
Oct-4.9%
Nov-8.3%
Dec+11.8%
2020
Jan+5.9%
Feb-8.5%
Mar-11.4%
Apr+10.9%
May+9.4%
Jun-1.1%
Jul-1.4%
Aug+11.5%
Sep-5.7%
Oct-9.1%
Nov+15.9%
Dec+4.0%
2019
Jan+2.3%
Feb+9.9%
Mar+5.5%
Apr+5.3%
May-1.7%
Jun+7.6%
Jul+2.6%
Aug+1.7%
Sep-4.9%
Oct+4.0%
Nov+3.3%
Dec+1.8%
2018
Jan+9.0%
Feb-0.9%
Mar-2.7%
Apr+6.1%
May+3.2%
Jun+1.3%
Jul+3.2%
Aug+7.6%
Sep+2.2%
Oct-8.2%
Nov+3.0%
Dec-6.9%
2017
Jan+6.0%
Feb+6.5%
Mar+1.1%
Apr+2.6%
May+4.6%
Jun-1.5%
Jul+6.2%
Aug+4.2%
Sep+1.7%
Oct+4.5%
Nov+2.5%
Dec+1.3%
2016
Jan-3.9%
Feb-2.6%
Mar+5.6%
Apr+1.0%
May+2.4%
Jun-6.0%
Jul+5.2%
Aug+3.8%
Sep+2.2%
Oct-0.2%
Nov-6.1%
Dec+0.9%
2015
Jan-2.8%
Feb+6.6%
Mar-3.6%
Apr+1.0%
May+4.2%
Jun-2.2%
Jul+12.2%
Aug-5.2%
Sep-2.3%
Oct+11.4%
Nov+2.0%
Dec-1.8%
2014
Jan-3.3%
Feb+5.1%
Mar-4.5%
Apr-6.1%
May+6.3%
Jun-1.9%
Jul+0.1%
Aug+0.9%
Sep+0.4%
Oct+13.2%
Nov+7.1%
Dec+1.5%
2013
Jan+4.1%
Feb+0.7%
Mar+7.0%
Apr-0.8%
May+5.9%
Jun+2.6%
Jul-3.1%
Aug-1.3%
Sep+9.6%
Oct+2.9%
Nov+3.7%
Dec+9.4%
2012
Jan-0.9%
Feb+15.9%
Mar+1.4%
Apr+4.2%
May-6.2%
Jun+7.4%
Jul+4.4%
Aug-0.5%
Sep+4.7%
Oct+3.3%
Nov+8.2%
Dec+1.3%
2011
Jan-0.8%
Feb+4.8%
Mar+0.9%
Apr+6.0%
May+4.0%
Jun+3.9%
Jul+1.5%
Aug+2.9%
Sep-2.4%
Oct+8.8%
Nov+4.2%
Dec+4.7%
2010
Jan-6.2%
Feb+4.1%
Mar+6.7%
Apr-0.9%
May-19.5%
Jun-2.4%
Jul+3.7%
Aug-5.7%
Sep+7.6%
Oct+5.3%
Nov-5.3%
Dec-4.7%
2009
Jan-5.9%
Feb+15.1%
Mar-1.9%
Apr+16.8%
May+4.4%
Jun-8.1%
Jul+5.2%
Aug+8.7%
Sep-2.8%
Oct+9.6%
Nov+7.1%
Dec+8.0%
2008
Jan—
Feb—
Mar—
Apr+33.8%
May+3.5%
Jun-5.8%
Jul-10.2%
Aug+4.0%
Sep-19.1%
Oct-9.9%
Nov-4.8%
Dec-0.3%
Avg
Jan+0.7%
Feb+3.8%
Mar-0.1%
Apr+4.9%
May+1.0%
Jun-0.5%
Jul+2.3%
Aug+1.6%
Sep-1.8%
Oct+3.0%
Nov+3.0%
Dec+1.9%
Median
Jan+0.8%
Feb+4.5%
Mar+0.3%
Apr+3.2%
May+3.2%
Jun-1.7%
Jul+2.9%
Aug+2.5%
Sep-2.4%
Oct+3.7%
Nov+3.5%
Dec+1.3%
Last 5Y Avg
Jan+4.0%
Feb+0.2%
Mar-1.0%
Apr+0.7%
May+0.3%
Jun-0.7%
Jul+2.3%
Aug-0.7%
Sep-4.6%
Oct+3.8%
Nov+2.7%
Dec+2.8%
Std Dev (σ)
Jan6.4%
Feb6.6%
Mar4.8%
Apr9.1%
May6.4%
Jun5.0%
Jul4.9%
Aug5.2%
Sep6.6%
Oct7.6%
Nov6.3%
Dec4.8%
Consistency (μ/σ)
Jan0.10
Feb0.57
Mar-0.01
Apr0.54
May0.16
Jun-0.11
Jul0.47
Aug0.31
Sep-0.27
Oct0.40
Nov0.48
Dec0.39
Win Rate (%)
Jan50%
Feb67%
Mar50%
Apr68%
May63%
Jun39%
Jul78%
Aug67%
Sep39%
Oct67%
Nov72%
Dec72%
Winning / Losing Months
Jan▲9▼9
Feb▲12▼6
Mar▲9▼9
Apr▲13▼6
May▲12▼7
Jun▲7▼11
Jul▲14▼4
Aug▲12▼6
Sep▲7▼11
Oct▲12▼6
Nov▲13▼5
Dec▲13▼5
Longest Win / Loss Streak
Jan▲4▼4
Feb▲7▼2
Mar▲4▼3
Apr▲7▼2
May▲6▼3
Jun▲3▼4
Jul▲6▼1
Aug▲5▼2
Sep▲3▼7
Oct▲7▼2
Nov▲5▼1
Dec▲4▼1
Best
Jan+10.8%2023
Feb+15.9%2012
Mar+7.0%2013
Apr+33.8%2008
May+9.4%2020
Jun+7.6%2019
Jul+12.2%2015
Aug+11.5%2020
Sep+9.6%2013
Oct+16.6%2022
Nov+15.9%2020
Dec+11.8%2021
Worst
Jan-11.6%2021
Feb-8.5%2020
Mar-11.4%2020
Apr-6.1%2014
May-19.5%2010
Jun-8.1%2009
Jul-10.2%2008
Aug-6.9%2021
Sep-19.1%2008
Oct-9.9%2008
Nov-8.3%2021
Dec-6.9%2018
−19.5%+33.8%
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