2019 HNL to BMD Historical Review

YEARLY HIGH

0.0673 BMD

YEARLY LOW

0.0399 BMD

YEARLY AVERAGE

0.0408 BMD

2019 HNL to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HNL to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.0673. Conversely, the yearly low was recorded on June 11, dropping to 0.0399.

This high-to-low spread represents a total annual volatility of 0.0274 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0409 to the December average rate of 0.0413, the exchange rate registered a net change of 0.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0673 was up 53.74% compared to the 2018 peak of 0.0437, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 336 BMD

2018 Average 209 BMD

Yearly Trough Low 199 BMD

Transaction Impact: A difference of 136.86 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0414

0.0404

JanuMarcMayJulySeptNove

HNL to BMD 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 0.0408, compared to 0.0407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0408

H2 Avg (Jul–Dec) 0.0407

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0270 BMD (High: 0.0673 / Low: 0.0403). On the other end, April was the most stable month, with a tight range of 0.0003 BMD (High: 0.0409 / Low: 0.0407).

December Spread (Volatile) ±0.0270

April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and August, 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 May and June, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.0413) against the same month in 2018 (average: 0.0412), the exchange rate shifted by +0.0001 (+0.24%).

2019 Avg (December) 0.0413

2018 Avg (December) 0.0412

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0412	0.0408	0.0409
February	0.0410	0.0407	0.0408
March	0.0410	0.0407	0.0408
April	0.0409	0.0407	0.0408
May	0.0424	0.0406	0.0411
June	0.0410	0.0399	0.0405
July	0.0409	0.0404	0.0406
August	0.0415	0.0405	0.0407
September	0.0411	0.0405	0.0406
October	0.0408	0.0404	0.0405
November	0.0407	0.0404	0.0405
December	0.0673	0.0403	0.0413