2021 BIF to HNL Historical Review

YEARLY HIGH

0.0128 HNL

YEARLY LOW

0.0120 HNL

YEARLY AVERAGE

0.0122 HNL

2021 BIF to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BIF to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0128. Conversely, the yearly low was recorded on August 2, dropping to 0.0120.

This high-to-low spread represents a total annual volatility of 0.0009 HNL. From a start-to-finish perspective, comparing the January average rate of 0.0125 to the December average rate of 0.0122, the exchange rate registered a net change of -2.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0128 was down 4.55% compared to the 2020 peak of 0.0134, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64 HNL

2020 Average 65 HNL

Yearly Trough Low 60 HNL

Transaction Impact: A difference of 4.27 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0125

0.0119

JanuMarcMayJulySeptNove

BIF 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 0.0123, compared to 0.0121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0123

H2 Avg (Jul–Dec) 0.0121

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0004 HNL (High: 0.0128 / Low: 0.0124). On the other end, November was the most stable month, with a tight range of 0.0000 HNL (High: 0.0121 / Low: 0.0121).

January Spread (Volatile) ±0.0004

November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and October, 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 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0125) against the same month in 2020 (average: 0.0132), the exchange rate shifted by -0.0007 (-5.30%).

2021 Avg (January) 0.0125

2020 Avg (January) 0.0132

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0128	0.0124	0.0125
February	0.0125	0.0123	0.0124
March	0.0125	0.0123	0.0124
April	0.0124	0.0123	0.0123
May	0.0123	0.0122	0.0122
June	0.0122	0.0121	0.0122
July	0.0121	0.0120	0.0120
August	0.0121	0.0120	0.0120
September	0.0122	0.0120	0.0121
October	0.0122	0.0121	0.0121
November	0.0121	0.0121	0.0121
December	0.0122	0.0121	0.0122