2020 ARS to HNL Historical Review

YEARLY HIGH

0.4218 HNL

YEARLY LOW

0.2876 HNL

YEARLY AVERAGE

0.3544 HNL

2020 ARS to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ARS to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.4218. Conversely, the yearly low was recorded on December 30, dropping to 0.2876.

This high-to-low spread represents a total annual volatility of 0.1342 HNL. From a start-to-finish perspective, comparing the January average rate of 0.4136 to the December average rate of 0.2937, the exchange rate registered a net change of -29.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4218 was down 36.22% compared to the 2019 peak of 0.6614, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,109 HNL

2019 Average 2,623 HNL

Yearly Trough Low 1,438 HNL

Transaction Impact: A difference of 671.00 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4256

0.2817

JanuMarcMayJulySeptNove

ARS to HNL 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 0.3869, compared to 0.3219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0650 points.

H1 Avg (Jan–Jun) 0.3869

H2 Avg (Jul–Dec) 0.3219

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0206 HNL (High: 0.4021 / Low: 0.3815). On the other end, July was the most stable month, with a tight range of 0.0089 HNL (High: 0.3536 / Low: 0.3447).

March Spread (Volatile) ±0.0206

July Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0141 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.4136) against the same month in 2019 (average: 0.6539), the exchange rate shifted by -0.2403 (-36.75%).

2020 Avg (January) 0.4136

2019 Avg (January) 0.6539

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4218	0.4104	0.4136
February	0.4118	0.3990	0.4051
March	0.4021	0.3815	0.3942
April	0.3867	0.3730	0.3801
May	0.3794	0.3641	0.3698
June	0.3635	0.3538	0.3588
July	0.3536	0.3447	0.3488
August	0.3447	0.3324	0.3377
September	0.3330	0.3234	0.3288
October	0.3234	0.3133	0.3170
November	0.3135	0.2984	0.3056
December	0.2984	0.2876	0.2937