2021 BND to HNL Historical Review

YEARLY HIGH

18.9169 HNL

YEARLY LOW

17.3732 HNL

YEARLY AVERAGE

17.9449 HNL

2021 BND to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 18.9169. Conversely, the yearly low was recorded on July 21, dropping to 17.3732.

This high-to-low spread represents a total annual volatility of 1.5437 HNL. From a start-to-finish perspective, comparing the January average rate of 18.2738 to the December average rate of 17.8129, the exchange rate registered a net change of -2.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 18.9169 was up 0.75% compared to the 2020 peak of 18.7769, 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 94,585 HNL

2020 Average 89,690 HNL

Yearly Trough Low 86,866 HNL

Transaction Impact: A difference of 7,718.64 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

18.3457

17.4826

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 18.1288, compared to 17.7610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3678 points.

H1 Avg (Jan–Jun) 18.1288

H2 Avg (Jul–Dec) 17.7610

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.8173 HNL (High: 18.9169 / Low: 18.0996). On the other end, May was the most stable month, with a tight range of 0.2098 HNL (High: 18.2172 / Low: 18.0074).

January Spread (Volatile) ±0.8173

May Spread (Stable) ±0.2098

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.4044 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.4044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 18.2738) against the same month in 2020 (average: 18.3480), the exchange rate shifted by -0.0742 (-0.40%).

2021 Avg (January) 18.2738

2020 Avg (January) 18.3480

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.9169	18.0996	18.2738
February	18.4224	18.1125	18.2607
March	18.2902	17.8991	18.0406
April	18.1961	17.8597	18.0383
May	18.2172	18.0074	18.1213
June	18.2099	17.7974	18.0379
July	17.8516	17.3732	17.6335
August	17.7701	17.4274	17.5545
September	18.0352	17.7283	17.8865
October	17.9962	17.6864	17.8837
November	17.9440	17.6249	17.7948
December	18.0723	17.6325	17.8129