2020 BGN to HNL Historical Review

YEARLY HIGH

15.2008 HNL

YEARLY LOW

13.5858 HNL

YEARLY AVERAGE

14.4315 HNL

2020 BGN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 15.2008. Conversely, the yearly low was recorded on March 19, dropping to 13.5858.

This high-to-low spread represents a total annual volatility of 1.6151 HNL. From a start-to-finish perspective, comparing the January average rate of 14.0705 to the December average rate of 15.0858, the exchange rate registered a net change of 7.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 15.2008 was up 4.68% compared to the 2019 peak of 14.5217, 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 76,004 HNL

2019 Average 70,256 HNL

Yearly Trough Low 67,929 HNL

Transaction Impact: A difference of 8,075.32 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

15.2102

13.7182

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 14.0179, compared to 14.8451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8272 points.

H1 Avg (Jan–Jun) 14.0179

H2 Avg (Jul–Dec) 14.8451

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.8880 HNL (High: 14.4738 / Low: 13.5858). On the other end, December was the most stable month, with a tight range of 0.1943 HNL (High: 15.2008 / Low: 15.0065).

March Spread (Volatile) ±0.8880

December Spread (Stable) ±0.1943

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2191 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2191

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 15.0858) against the same month in 2019 (average: 13.8617), the exchange rate shifted by +1.2241 (+8.83%).

2020 Avg (December) 15.0858

2019 Avg (December) 13.8617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.3969	13.9557	14.0705
February	14.0724	13.5964	13.8573
March	14.4738	13.5858	14.0617
April	14.0011	13.7166	13.8425
May	14.1748	13.7885	13.9293
June	14.4865	14.1923	14.3460
July	15.0865	14.2958	14.5777
August	15.0865	14.8289	14.9556
September	15.0251	14.6540	14.8840
October	14.8830	14.6442	14.7891
November	14.9026	14.5956	14.7783
December	15.2008	15.0065	15.0858