2021 GMD to HNL Historical Review

YEARLY HIGH

0.4813 HNL

YEARLY LOW

0.4586 HNL

YEARLY AVERAGE

0.4680 HNL

2021 GMD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.4813. Conversely, the yearly low was recorded on December 16, dropping to 0.4586.

This high-to-low spread represents a total annual volatility of 0.0227 HNL. From a start-to-finish perspective, comparing the January average rate of 0.4693 to the December average rate of 0.4623, the exchange rate registered a net change of -1.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4813 was down 2.81% compared to the 2020 peak of 0.4952, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,406 HNL

2020 Average 2,403 HNL

Yearly Trough Low 2,293 HNL

Transaction Impact: A difference of 113.46 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4729

0.4613

JanuMarcMayJulySeptNove

GMD 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 0.4707, compared to 0.4652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.4707

H2 Avg (Jul–Dec) 0.4652

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0151 HNL (High: 0.4813 / Low: 0.4662). On the other end, April was the most stable month, with a tight range of 0.0039 HNL (High: 0.4726 / Low: 0.4687).

January Spread (Volatile) ±0.0151

April Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.4693) against the same month in 2020 (average: 0.4843), the exchange rate shifted by -0.0150 (-3.10%).

2021 Avg (January) 0.4693

2020 Avg (January) 0.4843

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4813	0.4662	0.4693
February	0.4745	0.4685	0.4714
March	0.4740	0.4679	0.4719
April	0.4726	0.4687	0.4709
May	0.4721	0.4664	0.4705
June	0.4716	0.4676	0.4703
July	0.4695	0.4635	0.4668
August	0.4683	0.4638	0.4650
September	0.4701	0.4630	0.4686
October	0.4701	0.4623	0.4661
November	0.4652	0.4599	0.4626
December	0.4649	0.4586	0.4623