2020 BND to HNL Historical Review

YEARLY HIGH

18.7769 HNL

YEARLY LOW

17.1127 HNL

YEARLY AVERAGE

17.9372 HNL

2020 BND to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 18.7769. Conversely, the yearly low was recorded on March 19, dropping to 17.1127.

This high-to-low spread represents a total annual volatility of 1.6641 HNL. From a start-to-finish perspective, comparing the January average rate of 18.3480 to the December average rate of 18.1953, the exchange rate registered a net change of -0.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 18.7769 was up 1.14% compared to the 2019 peak of 18.5658, 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 93,884 HNL

2019 Average 89,487 HNL

Yearly Trough Low 85,564 HNL

Transaction Impact: A difference of 8,320.66 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

18.4338

17.4052

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 17.7994, compared to 18.0750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2756 points.

H1 Avg (Jan–Jun) 17.7994

H2 Avg (Jul–Dec) 18.0750

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.9512 HNL (High: 18.0639 / Low: 17.1127). On the other end, October was the most stable month, with a tight range of 0.1626 HNL (High: 18.1480 / Low: 17.9853).

March Spread (Volatile) ±0.9512

October Spread (Stable) ±0.1626

Growth Streaks & Declines

Trends

Between April and September, 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 January and February, when the average rate fell by 0.4816 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4816

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 18.3480) against the same month in 2019 (average: 15.5863), the exchange rate shifted by +2.7617 (+17.72%).

2020 Avg (January) 18.3480

2019 Avg (January) 15.5863

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.7769	18.1777	18.3480
February	18.1777	17.7137	17.8665
March	18.0639	17.1127	17.5738
April	17.6857	17.3249	17.4909
May	17.8088	17.4099	17.6213
June	17.9995	17.6866	17.8957
July	18.1824	17.7883	17.9198
August	18.1824	17.9489	18.0524
September	18.2172	17.8992	18.0946
October	18.1480	17.9853	18.0785
November	18.2950	17.9778	18.1094
December	18.3176	18.0863	18.1953