YEARLY HIGH
0.0305 HNL
YEARLY LOW
0.0246 HNL
YEARLY AVERAGE
0.0273 HNL

2024 ARS to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0305. Conversely, the yearly low was recorded on December 30, dropping to 0.0246.

This high-to-low spread represents a total annual volatility of 0.0059 HNL. From a start-to-finish perspective, comparing the January average rate of 0.0302 to the December average rate of 0.0249, the exchange rate registered a net change of -17.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0305 was down 78.15% compared to the 2023 peak of 0.1397, 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 153 HNL
2023 Average 471 HNL
Yearly Trough Low 123 HNL
Transaction Impact: A difference of 29.54 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0307
0.0243
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 0.0288, compared to 0.0258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0288
H2 Avg (Jul–Dec) 0.0258

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0007 HNL (High: 0.0284 / Low: 0.0277). On the other end, September was the most stable month, with a tight range of 0.0004 HNL (High: 0.0260 / Low: 0.0257).

May Spread (Volatile) ±0.0007
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0006 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0302) against the same month in 2023 (average: 0.1355), the exchange rate shifted by -0.1053 (-77.72%).

2024 Avg (January) 0.0302
2023 Avg (January) 0.1355

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0305 0.0299 0.0302
February 0.0299 0.0293 0.0296
March 0.0294 0.0288 0.0291
April 0.0288 0.0283 0.0285
May 0.0284 0.0277 0.0279
June 0.0277 0.0272 0.0274
July 0.0272 0.0266 0.0269
August 0.0266 0.0260 0.0264
September 0.0260 0.0257 0.0259
October 0.0257 0.0253 0.0256
November 0.0255 0.0249 0.0252
December 0.0250 0.0246 0.0249