2023 HNL to BOB Historical Review

YEARLY HIGH

0.2840 BOB

YEARLY LOW

0.2765 BOB

YEARLY AVERAGE

0.2801 BOB

2023 HNL to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HNL to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.2840. Conversely, the yearly low was recorded on July 12, dropping to 0.2765.

This high-to-low spread represents a total annual volatility of 0.0074 BOB. From a start-to-finish perspective, comparing the January average rate of 0.2801 to the December average rate of 0.2799, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2840 was up 0.00% compared to the 2022 peak of 0.2840, 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 1,420 BOB

2022 Average 1,401 BOB

Yearly Trough Low 1,383 BOB

Transaction Impact: A difference of 37.11 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2812

0.2787

JanuMarcMayJulySeptNove

HNL to BOB 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 0.2803, compared to 0.2798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.2803

H2 Avg (Jul–Dec) 0.2798

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0063 BOB (High: 0.2829 / Low: 0.2765). On the other end, January was the most stable month, with a tight range of 0.0008 BOB (High: 0.2806 / Low: 0.2798).

July Spread (Volatile) ±0.0063

January Spread (Stable) ±0.0008

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 August and September, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.2810) against the same month in 2022 (average: 0.2812), the exchange rate shifted by -0.0002 (-0.08%).

2023 Avg (April) 0.2810

2022 Avg (April) 0.2812

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2806	0.2798	0.2801
February	0.2829	0.2777	0.2803
March	0.2810	0.2790	0.2801
April	0.2840	0.2799	0.2810
May	0.2812	0.2799	0.2805
June	0.2824	0.2788	0.2800
July	0.2829	0.2765	0.2803
August	0.2832	0.2777	0.2807
September	0.2806	0.2768	0.2789
October	0.2802	0.2774	0.2795
November	0.2819	0.2790	0.2797
December	0.2810	0.2794	0.2799