2020 CDF to HNL Historical Review

YEARLY HIGH

0.0163 HNL

YEARLY LOW

0.0122 HNL

YEARLY AVERAGE

0.0134 HNL

2020 CDF to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CDF to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.0163. Conversely, the yearly low was recorded on December 27, dropping to 0.0122.

This high-to-low spread represents a total annual volatility of 0.0041 HNL. From a start-to-finish perspective, comparing the January average rate of 0.0147 to the December average rate of 0.0124, the exchange rate registered a net change of -15.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0163 was up 7.43% compared to the 2019 peak of 0.0152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 82 HNL

2019 Average 74 HNL

Yearly Trough Low 61 HNL

Transaction Impact: A difference of 20.44 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0149

0.0122

JanuMarcMayJulySeptNove

CDF 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 0.0143, compared to 0.0126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0143

H2 Avg (Jul–Dec) 0.0126

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0041 HNL (High: 0.0163 / Low: 0.0122). On the other end, September was the most stable month, with a tight range of 0.0002 HNL (High: 0.0127 / Low: 0.0125).

December Spread (Volatile) ±0.0041

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0124) against the same month in 2019 (average: 0.0145), the exchange rate shifted by -0.0021 (-14.47%).

2020 Avg (December) 0.0124

2019 Avg (December) 0.0145

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0150	0.0146	0.0147
February	0.0147	0.0145	0.0147
March	0.0147	0.0144	0.0146
April	0.0146	0.0144	0.0145
May	0.0145	0.0136	0.0140
June	0.0137	0.0129	0.0133
July	0.0130	0.0126	0.0128
August	0.0127	0.0125	0.0126
September	0.0127	0.0125	0.0126
October	0.0136	0.0125	0.0126
November	0.0125	0.0123	0.0124
December	0.0163	0.0122	0.0124