2018 BND to HNL Historical Review

YEARLY HIGH

18.0970 HNL

YEARLY LOW

14.5040 HNL

YEARLY AVERAGE

17.0450 HNL

2018 BND to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BND to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 18.0970. Conversely, the yearly low was recorded on December 5, dropping to 14.5040.

This high-to-low spread represents a total annual volatility of 3.5930 HNL. From a start-to-finish perspective, comparing the January average rate of 17.8787 to the December average rate of 15.4691, the exchange rate registered a net change of -13.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 18.0970 was up 2.22% compared to the 2017 peak of 17.7038, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 90,485 HNL

2017 Average 85,035 HNL

Yearly Trough Low 72,520 HNL

Transaction Impact: A difference of 17,965.09 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

18.2288

15.2182

JanuMarcMayJulySeptNove

BND 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 17.6734, compared to 16.4167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2567 points.

H1 Avg (Jan–Jun) 17.6734

H2 Avg (Jul–Dec) 16.4167

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 3.2625 HNL (High: 17.7665 / Low: 14.5040). On the other end, March was the most stable month, with a tight range of 0.2723 HNL (High: 18.0748 / Low: 17.8025).

December Spread (Volatile) ±3.2625

March Spread (Stable) ±0.2723

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.2850 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.2850

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 17.8787) against the same month in 2017 (average: 16.3363), the exchange rate shifted by +1.5424 (+9.44%).

2018 Avg (January) 17.8787

2017 Avg (January) 16.3363

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.0970	17.6524	17.8787
February	18.0280	17.6796	17.8806
March	18.0748	17.8025	17.9629
April	18.0880	17.6825	17.9779
May	17.9683	16.2434	17.5989
June	18.0161	15.8361	16.7410
July	17.8960	15.8443	16.9421
August	17.5300	15.8076	15.9470
September	17.6220	15.8869	16.2889
October	17.4148	16.9958	17.0989
November	17.7332	15.4719	16.7541
December	17.7665	14.5040	15.4691