2019 BND to HNL Historical Review

YEARLY HIGH

18.5658 HNL

YEARLY LOW

10.9362 HNL

YEARLY AVERAGE

17.9002 HNL

2019 BND to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BND to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 18.5658. Conversely, the yearly low was recorded on December 9, dropping to 10.9362.

This high-to-low spread represents a total annual volatility of 7.6296 HNL. From a start-to-finish perspective, comparing the January average rate of 15.5863 to the December average rate of 17.9862, the exchange rate registered a net change of 15.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 18.5658 was up 2.59% compared to the 2018 peak of 18.0970, 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 92,829 HNL

2018 Average 85,196 HNL

Yearly Trough Low 54,681 HNL

Transaction Impact: A difference of 38,147.77 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

18.5450

15.3174

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 17.6751, compared to 18.1253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4503 points.

H1 Avg (Jan–Jun) 17.6751

H2 Avg (Jul–Dec) 18.1253

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 7.3784 HNL (High: 18.3146 / Low: 10.9362). On the other end, March was the most stable month, with a tight range of 0.2068 HNL (High: 18.1981 / Low: 17.9913).

December Spread (Volatile) ±7.3784

March Spread (Stable) ±0.2068

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 September and October, when the average rate fell by 0.1784 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1784

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 18.2760) against the same month in 2018 (average: 16.7410), the exchange rate shifted by +1.5350 (+9.17%).

2019 Avg (June) 18.2760

2018 Avg (June) 16.7410

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.9854	15.4067	15.5863
February	18.2121	15.5182	17.8546
March	18.1981	17.9913	18.1510
April	18.2015	17.9618	18.1522
May	18.2490	17.4515	18.0304
June	18.5658	17.7734	18.2760
July	18.3253	18.0482	18.2282
August	18.2741	17.6723	18.1813
September	18.3044	17.7774	18.2013
October	18.1685	17.7591	18.0229
November	18.1957	17.9825	18.1321
December	18.3146	10.9362	17.9862