2024 HNL to CAD Historical Review

YEARLY HIGH

0.0570 CAD

YEARLY LOW

0.0535 CAD

YEARLY AVERAGE

0.0551 CAD

2024 HNL to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HNL to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0570. Conversely, the yearly low was recorded on January 1, dropping to 0.0535.

This high-to-low spread represents a total annual volatility of 0.0034 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0544 to the December average rate of 0.0563, the exchange rate registered a net change of 3.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0570 was up 0.60% compared to the 2023 peak of 0.0566, 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 285 CAD

2023 Average 274 CAD

Yearly Trough Low 268 CAD

Transaction Impact: A difference of 17.21 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0564

0.0542

JanuMarcMayJulySeptNove

HNL to CAD 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 0.0549, compared to 0.0553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0549

H2 Avg (Jul–Dec) 0.0553

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0023 CAD (High: 0.0565 / Low: 0.0542). On the other end, May was the most stable month, with a tight range of 0.0006 CAD (High: 0.0555 / Low: 0.0549).

August Spread (Volatile) ±0.0023

May Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and April, 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 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0563) against the same month in 2023 (average: 0.0543), the exchange rate shifted by +0.0020 (+3.67%).

2024 Avg (December) 0.0563

2023 Avg (December) 0.0543

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0547	0.0535	0.0544
February	0.0551	0.0541	0.0546
March	0.0554	0.0544	0.0548
April	0.0559	0.0547	0.0554
May	0.0555	0.0549	0.0553
June	0.0558	0.0547	0.0553
July	0.0560	0.0549	0.0554
August	0.0565	0.0542	0.0551
September	0.0548	0.0540	0.0546
October	0.0555	0.0542	0.0550
November	0.0561	0.0548	0.0555
December	0.0570	0.0555	0.0563