YEARLY HIGH
0.0553 BND
YEARLY LOW
0.0515 BND
YEARLY AVERAGE
0.0538 BND

2024 HNL to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HNL to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.0553. Conversely, the yearly low was recorded on September 30, dropping to 0.0515.

This high-to-low spread represents a total annual volatility of 0.0038 BND. From a start-to-finish perspective, comparing the January average rate of 0.0541 to the December average rate of 0.0533, the exchange rate registered a net change of -1.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0553 was down 0.71% compared to the 2023 peak of 0.0557, 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 277 BND
2023 Average 272 BND
Yearly Trough Low 258 BND
Transaction Impact: A difference of 18.93 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0552
0.0519
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 0.0545, compared to 0.0530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0545
H2 Avg (Jul–Dec) 0.0530

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0015 BND (High: 0.0539 / Low: 0.0524). On the other end, February was the most stable month, with a tight range of 0.0006 BND (High: 0.0546 / Low: 0.0540).

August Spread (Volatile) ±0.0015
February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0549) against the same month in 2023 (average: 0.0541), the exchange rate shifted by +0.0008 (+1.46%).

2024 Avg (April) 0.0549
2023 Avg (April) 0.0541

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0544 0.0535 0.0541
February 0.0546 0.0540 0.0544
March 0.0547 0.0538 0.0542
April 0.0553 0.0543 0.0549
May 0.0551 0.0543 0.0546
June 0.0548 0.0540 0.0545
July 0.0548 0.0541 0.0543
August 0.0539 0.0524 0.0531
September 0.0527 0.0515 0.0522
October 0.0528 0.0517 0.0524
November 0.0537 0.0524 0.0530
December 0.0537 0.0528 0.0533