2019 BWP to HNL Historical Review

YEARLY HIGH

2.3730 HNL

YEARLY LOW

1.3754 HNL

YEARLY AVERAGE

2.2832 HNL

2019 BWP to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BWP to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 2.3730. Conversely, the yearly low was recorded on December 9, dropping to 1.3754.

This high-to-low spread represents a total annual volatility of 0.9976 HNL. From a start-to-finish perspective, comparing the January average rate of 2.3183 to the December average rate of 2.2713, the exchange rate registered a net change of -2.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3730 was down 5.11% compared to the 2018 peak of 2.5009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,865 HNL

2018 Average 11,743 HNL

Yearly Trough Low 6,877 HNL

Transaction Impact: A difference of 4,988.03 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.3451

2.2242

JanuMarcMayJulySeptNove

BWP 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 2.2999, compared to 2.2666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0333 points.

H1 Avg (Jan–Jun) 2.2999

H2 Avg (Jul–Dec) 2.2666

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.9547 HNL (High: 2.3301 / Low: 1.3754). On the other end, November was the most stable month, with a tight range of 0.0337 HNL (High: 2.2800 / Low: 2.2463).

December Spread (Volatile) ±0.9547

November Spread (Stable) ±0.0337

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0849 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0849

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 2.3350) against the same month in 2018 (average: 2.4695), the exchange rate shifted by -0.1345 (-5.44%).

2019 Avg (February) 2.3350

2018 Avg (February) 2.4695

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3501	2.2619	2.3183
February	2.3730	2.3081	2.3350
March	2.3317	2.2665	2.2911
April	2.3234	2.2724	2.3029
May	2.3123	2.2044	2.2661
June	2.3197	2.2485	2.2856
July	2.3411	2.2885	2.3192
August	2.2950	2.2076	2.2343
September	2.2753	2.2119	2.2513
October	2.2919	2.2151	2.2572
November	2.2800	2.2463	2.2663
December	2.3301	1.3754	2.2713