YEARLY HIGH
2.1805 GMD
YEARLY LOW
2.0777 GMD
YEARLY AVERAGE
2.1370 GMD

2021 HNL to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 2.1805. Conversely, the yearly low was recorded on January 6, dropping to 2.0777.

This high-to-low spread represents a total annual volatility of 0.1028 GMD. From a start-to-finish perspective, comparing the January average rate of 2.1310 to the December average rate of 2.1631, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1805 was up 1.78% compared to the 2020 peak of 2.1424, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,903 GMD
2020 Average 10,407 GMD
Yearly Trough Low 10,389 GMD
Transaction Impact: A difference of 514.01 GMD purely based on transaction execution date.

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2.1675
2.1145
JanuMarcMayJulySeptNove

HNL to GMD 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 2.1244, compared to 2.1495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0252 points.

H1 Avg (Jan–Jun) 2.1244
H2 Avg (Jul–Dec) 2.1495

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0671 GMD (High: 2.1448 / Low: 2.0777). On the other end, April was the most stable month, with a tight range of 0.0175 GMD (High: 2.1335 / Low: 2.1160).

January Spread (Volatile) Âą0.0671
April Spread (Stable) Âą0.0175

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0163 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.1631) against the same month in 2020 (average: 2.1349), the exchange rate shifted by +0.0282 (+1.32%).

2021 Avg (December) 2.1631
2020 Avg (December) 2.1349

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Month High Low Average
January 2.1448 2.0777 2.1310
February 2.1343 2.1077 2.1213
March 2.1374 2.1097 2.1189
April 2.1335 2.1160 2.1235
May 2.1440 2.1180 2.1253
June 2.1386 2.1206 2.1264
July 2.1574 2.1301 2.1423
August 2.1561 2.1356 2.1504
September 2.1597 2.1272 2.1341
October 2.1632 2.1272 2.1455
November 2.1743 2.1497 2.1618
December 2.1805 2.1509 2.1631