2022 BGN to HNL Historical Review

YEARLY HIGH

14.3992 HNL

YEARLY LOW

12.0805 HNL

YEARLY AVERAGE

13.2610 HNL

2022 BGN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 14.3992. Conversely, the yearly low was recorded on September 27, dropping to 12.0805.

This high-to-low spread represents a total annual volatility of 2.3187 HNL. From a start-to-finish perspective, comparing the January average rate of 14.1901 to the December average rate of 13.3619, the exchange rate registered a net change of -5.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 14.3992 was down 8.20% compared to the 2021 peak of 15.6856, 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 71,996 HNL

2021 Average 72,904 HNL

Yearly Trough Low 60,403 HNL

Transaction Impact: A difference of 11,593.53 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

14.4480

12.2688

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 13.7183, compared to 12.8037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9146 points.

H1 Avg (Jan–Jun) 13.7183

H2 Avg (Jul–Dec) 12.8037

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.8680 HNL (High: 13.2118 / Low: 12.3439). On the other end, December was the most stable month, with a tight range of 0.3308 HNL (High: 13.5183 / Low: 13.1875).

November Spread (Volatile) ±0.8680

December Spread (Stable) ±0.3308

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.4760 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4760

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 14.2664) against the same month in 2021 (average: 14.9933), the exchange rate shifted by -0.7269 (-4.85%).

2022 Avg (February) 14.2664

2021 Avg (February) 14.9933

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.3729	13.9958	14.1901
February	14.3992	14.0639	14.2664
March	14.0023	13.6412	13.7906
April	13.8853	13.1229	13.5454
May	13.5437	12.9806	13.2402
June	13.5186	13.0448	13.2769
July	13.0874	12.6005	12.8009
August	13.2925	12.4789	12.7667
September	12.7887	12.0805	12.4907
October	12.7745	12.2766	12.4504
November	13.2118	12.3439	12.9515
December	13.5183	13.1875	13.3619