2021 HNL to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 HNL to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the HNL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 4.2096. Conversely, the yearly low was recorded on January 6, dropping to 3.4121.
This high-to-low spread represents a total annual volatility of 0.7974 ARS. From a start-to-finish perspective, comparing the January average rate of 3.5431 to the December average rate of 4.1940, the exchange rate registered a net change of 18.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 4.2096 was up 21.08% compared to the 2020 peak of 3.4766, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
HNL to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.7783, compared to 4.1068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3285 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 0.2051 ARS (High: 3.6172 / Low: 3.4121). On the other end, December was the most stable month, with a tight range of 0.0344 ARS (High: 4.2096 / Low: 4.1752).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0093 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 4.1940) against the same month in 2020 (average: 3.4058), the exchange rate shifted by +0.7882 (+23.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.6172 | 3.4121 | 3.5431 |
| February | 3.7313 | 3.6114 | 3.6588 |
| March | 3.8152 | 3.7083 | 3.7600 |
| April | 3.8872 | 3.8021 | 3.8466 |
| May | 3.9369 | 3.8708 | 3.9030 |
| June | 4.0029 | 3.9287 | 3.9583 |
| July | 4.0766 | 3.9915 | 4.0288 |
| August | 4.0997 | 4.0416 | 4.0850 |
| September | 4.0926 | 4.0572 | 4.0757 |
| October | 4.1294 | 4.0815 | 4.1049 |
| November | 4.1783 | 4.1286 | 4.1526 |
| December | 4.2096 | 4.1752 | 4.1940 |