2020 HNL to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 HNL to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the HNL to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 80.3392. Conversely, the yearly low was recorded on January 14, dropping to 74.4941.
This high-to-low spread represents a total annual volatility of 5.8451 BIF. From a start-to-finish perspective, comparing the January average rate of 76.0425 to the December average rate of 80.1246, the exchange rate registered a net change of 5.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 80.3392 was down 36.33% compared to the 2019 peak of 126.1755, 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 2020.
HNL to BIF 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 76.1652, compared to 78.6374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4722 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was January, with a trading range of 2.1563 BIF (High: 76.6504 / Low: 74.4941). On the other end, December was the most stable month, with a tight range of 0.4897 BIF (High: 80.3392 / Low: 79.8495).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0359 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 80.1246) against the same month in 2019 (average: 77.5784), the exchange rate shifted by +2.5463 (+3.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 76.6504 | 74.4941 | 76.0425 |
| February | 76.6092 | 75.7916 | 76.0736 |
| March | 76.5300 | 75.6344 | 76.0377 |
| April | 76.5957 | 75.4079 | 76.1139 |
| May | 76.4965 | 75.7257 | 76.2258 |
| June | 77.3240 | 76.1361 | 76.4977 |
| July | 77.8414 | 76.6145 | 77.3344 |
| August | 78.2759 | 77.2545 | 78.0049 |
| September | 78.4550 | 77.7419 | 78.1706 |
| October | 79.0204 | 78.3560 | 78.7279 |
| November | 80.0472 | 78.7416 | 79.4621 |
| December | 80.3392 | 79.8495 | 80.1246 |