2018 BGN to HNL Historical Review

YEARLY HIGH

15.1116 HNL

YEARLY LOW

13.2625 HNL

YEARLY AVERAGE

14.4386 HNL

2018 BGN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 15.1116. Conversely, the yearly low was recorded on December 5, dropping to 13.2625.

This high-to-low spread represents a total annual volatility of 1.8490 HNL. From a start-to-finish perspective, comparing the January average rate of 14.7398 to the December average rate of 14.1139, the exchange rate registered a net change of -4.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 15.1116 was up 4.25% compared to the 2017 peak of 14.4953, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 75,558 HNL

2017 Average 67,814 HNL

Yearly Trough Low 66,313 HNL

Transaction Impact: A difference of 9,245.07 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

14.9836

14.0237

JanuMarcMayJulySeptNove

BGN 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 14.6797, compared to 14.1975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4822 points.

H1 Avg (Jan–Jun) 14.6797

H2 Avg (Jul–Dec) 14.1975

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 1.0362 HNL (High: 14.2988 / Low: 13.2625). On the other end, July was the most stable month, with a tight range of 0.1722 HNL (High: 14.4361 / Low: 14.2639).

December Spread (Volatile) ±1.0362

July Spread (Stable) ±0.1722

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4786 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.4786

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 14.9037) against the same month in 2017 (average: 12.8127), the exchange rate shifted by +2.0909 (+16.32%).

2018 Avg (February) 14.9037

2017 Avg (February) 12.8127

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.0033	14.4362	14.7398
February	15.1116	14.7218	14.9037
March	15.0471	14.8006	14.8971
April	15.0164	14.6152	14.8542
May	14.5264	14.1115	14.3757
June	14.4972	14.1942	14.3081
July	14.4361	14.2639	14.3340
August	14.3759	13.9344	14.1639
September	14.4906	14.1959	14.3274
October	14.2793	13.9492	14.1425
November	14.2284	13.8479	14.1037
December	14.2988	13.2625	14.1139