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In conclusion, speed and velocity are kinematic quantities that have distinctly different definitions. Speed, being a scalar quantity, is the rate at which an object covers distance. The average speed is the distance (a scalar quantity) per time ratio. Speed is ignorant of direction. On the other hand, velocity is a vector quantity; it is direction-aware. Velocity is the rate at which the position changes. The average velocity is the displacement or position change (a vector quantity) per time ratio.
Posted on. (Answer #2). The basic difference is that speed is a scalar quantity, and velocity is a vector quantity; basically, direction matters when talking about velocity, and it doesn't when we are talking about speed. Speed is how fast something is moving--the rate at which a distance is covered.ike this, if it is speed, you would just refer it to 2 m/s. If it is velocity, you refer it as this 2m/s east (with direction). So, average speed is the total distance taken over the total time taken (regardless of direction) while average velocity is the same whole thing, except it includes direction.