2023 HNL to BND Historical Review

YEARLY HIGH

0.0557 BND

YEARLY LOW

0.0530 BND

YEARLY AVERAGE

0.0544 BND

2023 HNL to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HNL to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 21, valuing the pair at 0.0557. Conversely, the yearly low was recorded on February 2, dropping to 0.0530.

This high-to-low spread represents a total annual volatility of 0.0027 BND. From a start-to-finish perspective, comparing the January average rate of 0.0538 to the December average rate of 0.0539, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0557 was down 4.70% compared to the 2022 peak of 0.0584, 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 278 BND

2022 Average 280 BND

Yearly Trough Low 265 BND

Transaction Impact: A difference of 13.28 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0556

0.0536

JanuMarcMayJulySeptNove

HNL to BND 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 0.0542, compared to 0.0547 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0542

H2 Avg (Jul–Dec) 0.0547

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0018 BND (High: 0.0549 / Low: 0.0530). On the other end, April was the most stable month, with a tight range of 0.0005 BND (High: 0.0544 / Low: 0.0538).

February Spread (Volatile) ±0.0018

April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0554) against the same month in 2022 (average: 0.0576), the exchange rate shifted by -0.0022 (-3.82%).

2023 Avg (October) 0.0554

2022 Avg (October) 0.0576

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0547	0.0532	0.0538
February	0.0549	0.0530	0.0540
March	0.0549	0.0538	0.0544
April	0.0544	0.0538	0.0541
May	0.0551	0.0537	0.0544
June	0.0550	0.0540	0.0545
July	0.0553	0.0535	0.0542
August	0.0552	0.0542	0.0549
September	0.0554	0.0545	0.0550
October	0.0557	0.0550	0.0554
November	0.0555	0.0538	0.0546
December	0.0544	0.0535	0.0539