2021 HNL to BRL Historical Review

YEARLY HIGH

0.2426 BRL

YEARLY LOW

0.2050 BRL

YEARLY AVERAGE

0.2239 BRL

2021 HNL to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.2426. Conversely, the yearly low was recorded on June 24, dropping to 0.2050.

This high-to-low spread represents a total annual volatility of 0.0376 BRL. From a start-to-finish perspective, comparing the January average rate of 0.2210 to the December average rate of 0.2329, the exchange rate registered a net change of 5.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2426 was up 2.76% compared to the 2020 peak of 0.2361, 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 1,213 BRL

2020 Average 1,042 BRL

Yearly Trough Low 1,025 BRL

Transaction Impact: A difference of 188.03 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2353

0.2068

JanuMarcMayJulySeptNove

HNL to BRL 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 0.2230, compared to 0.2247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.2230

H2 Avg (Jul–Dec) 0.2247

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0165 BRL (High: 0.2378 / Low: 0.2213). On the other end, December was the most stable month, with a tight range of 0.0078 BRL (High: 0.2359 / Low: 0.2281).

April Spread (Volatile) ±0.0165

December Spread (Stable) ±0.0078

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 April and May, when the average rate fell by 0.0117 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.2329) against the same month in 2020 (average: 0.1965), the exchange rate shifted by +0.0365 (+18.57%).

2021 Avg (March) 0.2329

2020 Avg (March) 0.1965

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2269	0.2136	0.2210
February	0.2326	0.2207	0.2235
March	0.2426	0.2269	0.2329
April	0.2378	0.2213	0.2317
May	0.2258	0.2167	0.2200
June	0.2138	0.2050	0.2092
July	0.2210	0.2109	0.2163
August	0.2280	0.2159	0.2209
September	0.2253	0.2157	0.2189
October	0.2349	0.2219	0.2291
November	0.2351	0.2240	0.2300
December	0.2359	0.2281	0.2329