2023 CDF to HNL Historical Review

YEARLY HIGH

0.0122 HNL

YEARLY LOW

0.0088 HNL

YEARLY AVERAGE

0.0107 HNL

2023 CDF to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0122. Conversely, the yearly low was recorded on December 20, dropping to 0.0088.

This high-to-low spread represents a total annual volatility of 0.0033 HNL. From a start-to-finish perspective, comparing the January average rate of 0.0120 to the December average rate of 0.0091, the exchange rate registered a net change of -24.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0122 was down 4.52% compared to the 2022 peak of 0.0127, 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 61 HNL

2022 Average 61 HNL

Yearly Trough Low 44 HNL

Transaction Impact: A difference of 16.62 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0123

0.0088

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 0.0116, compared to 0.0097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0116

H2 Avg (Jul–Dec) 0.0097

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0015 HNL (High: 0.0121 / Low: 0.0106). On the other end, September was the most stable month, with a tight range of 0.0002 HNL (High: 0.0101 / Low: 0.0099).

May Spread (Volatile) ±0.0015

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0120) against the same month in 2022 (average: 0.0122), the exchange rate shifted by -0.0002 (-1.52%).

2023 Avg (January) 0.0120

2022 Avg (January) 0.0122

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0122	0.0119	0.0120
February	0.0122	0.0119	0.0120
March	0.0121	0.0118	0.0119
April	0.0121	0.0112	0.0118
May	0.0121	0.0106	0.0113
June	0.0106	0.0103	0.0105
July	0.0103	0.0097	0.0100
August	0.0101	0.0099	0.0099
September	0.0101	0.0099	0.0100
October	0.0100	0.0095	0.0098
November	0.0100	0.0091	0.0097
December	0.0093	0.0088	0.0091