YEARLY HIGH
2.3540 HNL
YEARLY LOW
2.0136 HNL
YEARLY AVERAGE
2.1641 HNL

2020 BWP to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BWP to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 2.3540. Conversely, the yearly low was recorded on April 18, dropping to 2.0136.

This high-to-low spread represents a total annual volatility of 0.3403 HNL. From a start-to-finish perspective, comparing the January average rate of 2.3112 to the December average rate of 2.2256, the exchange rate registered a net change of -3.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3540 was down 0.80% compared to the 2019 peak of 2.3730, 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 11,770 HNL
2019 Average 11,414 HNL
Yearly Trough Low 10,068 HNL
Transaction Impact: A difference of 1,701.74 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3376
2.0214
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 2.1651, compared to 2.1631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 2.1651
H2 Avg (Jul–Dec) 2.1631

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1693 HNL (High: 2.2549 / Low: 2.0856). On the other end, October was the most stable month, with a tight range of 0.0366 HNL (High: 2.1646 / Low: 2.1280).

March Spread (Volatile) ±0.1693
October Spread (Stable) ±0.0366

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.1250 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.3112) against the same month in 2019 (average: 2.3183), the exchange rate shifted by -0.0071 (-0.31%).

2020 Avg (January) 2.3112
2019 Avg (January) 2.3183

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3540 2.2737 2.3112
February 2.2792 2.2273 2.2575
March 2.2549 2.0856 2.1728
April 2.0904 2.0136 2.0477
May 2.1126 2.0446 2.0710
June 2.1686 2.1070 2.1302
July 2.1799 2.1125 2.1481
August 2.1622 2.0970 2.1245
September 2.1849 2.1109 2.1475
October 2.1646 2.1280 2.1454
November 2.2123 2.1482 2.1875
December 2.2482 2.1905 2.2256