2019 BTN to HNL Historical Review

YEARLY HIGH

0.3620 HNL

YEARLY LOW

0.2092 HNL

YEARLY AVERAGE

0.3490 HNL

2019 BTN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BTN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 0.3620. Conversely, the yearly low was recorded on December 9, dropping to 0.2092.

This high-to-low spread represents a total annual volatility of 0.1527 HNL. From a start-to-finish perspective, comparing the January average rate of 0.3460 to the December average rate of 0.3428, the exchange rate registered a net change of -0.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3620 was down 3.21% compared to the 2018 peak of 0.3740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,810 HNL

2018 Average 1,752 HNL

Yearly Trough Low 1,046 HNL

Transaction Impact: A difference of 763.71 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3599

0.3412

JanuMarcMayJulySeptNove

BTN 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 0.3502, compared to 0.3478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.3502

H2 Avg (Jul–Dec) 0.3478

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.1408 HNL (High: 0.3500 / Low: 0.2092). On the other end, October was the most stable month, with a tight range of 0.0041 HNL (High: 0.3496 / Low: 0.3455).

December Spread (Volatile) ±0.1408

October Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0118 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 0.3583) against the same month in 2018 (average: 0.3492), the exchange rate shifted by +0.0091 (+2.62%).

2019 Avg (July) 0.3583

2018 Avg (July) 0.3492

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3520	0.3421	0.3460
February	0.3479	0.3407	0.3445
March	0.3574	0.3460	0.3529
April	0.3570	0.3492	0.3529
May	0.3547	0.3358	0.3493
June	0.3612	0.3512	0.3556
July	0.3620	0.3548	0.3583
August	0.3570	0.3424	0.3466
September	0.3489	0.3394	0.3456
October	0.3496	0.3455	0.3477
November	0.3492	0.3418	0.3456
December	0.3500	0.2092	0.3428