2020 ETB to HNL Historical Review

YEARLY HIGH

0.7895 HNL

YEARLY LOW

0.6150 HNL

YEARLY AVERAGE

0.7110 HNL

2020 ETB to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.7895. Conversely, the yearly low was recorded on December 31, dropping to 0.6150.

This high-to-low spread represents a total annual volatility of 0.1745 HNL. From a start-to-finish perspective, comparing the January average rate of 0.7731 to the December average rate of 0.6264, the exchange rate registered a net change of -18.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7895 was down 9.10% compared to the 2019 peak of 0.8686, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,948 HNL

2019 Average 4,205 HNL

Yearly Trough Low 3,075 HNL

Transaction Impact: A difference of 872.56 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7879

0.6118

JanuMarcMayJulySeptNove

ETB 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 0.7546, compared to 0.6675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0872 points.

H1 Avg (Jan–Jun) 0.7546

H2 Avg (Jul–Dec) 0.6675

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.0296 HNL (High: 0.7118 / Low: 0.6823). On the other end, February was the most stable month, with a tight range of 0.0151 HNL (High: 0.7799 / Low: 0.7649).

August Spread (Volatile) ±0.0296

February Spread (Stable) ±0.0151

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 November and December, when the average rate fell by 0.0180 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.7731) against the same month in 2019 (average: 0.8615), the exchange rate shifted by -0.0884 (-10.26%).

2020 Avg (January) 0.7731

2019 Avg (January) 0.8615

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7895	0.7684	0.7731
February	0.7799	0.7649	0.7732
March	0.7706	0.7493	0.7629
April	0.7639	0.7455	0.7538
May	0.7519	0.7292	0.7400
June	0.7327	0.7114	0.7248
July	0.7162	0.7011	0.7072
August	0.7118	0.6823	0.6917
September	0.6874	0.6685	0.6744
October	0.6704	0.6467	0.6605
November	0.6629	0.6347	0.6445
December	0.6358	0.6150	0.6264