2020 HNL to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 HNL to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the HNL to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 81.6744. Conversely, the yearly low was recorded on December 6, dropping to 61.2271.
This high-to-low spread represents a total annual volatility of 20.4474 CDF. From a start-to-finish perspective, comparing the January average rate of 68.0485 to the December average rate of 80.6309, the exchange rate registered a net change of 18.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 81.6744 was down 27.46% compared to the 2019 peak of 112.5975, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
HNL to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 70.0501, compared to 79.6024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.5523 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 20.4474 CDF (High: 81.6744 / Low: 61.2271). On the other end, February was the most stable month, with a tight range of 0.9710 CDF (High: 68.7778 / Low: 67.8068).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0911 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 80.6309) against the same month in 2019 (average: 69.3490), the exchange rate shifted by +11.2819 (+16.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 68.5892 | 66.6271 | 68.0485 |
| February | 68.7778 | 67.8068 | 68.1134 |
| March | 69.3149 | 68.0305 | 68.5226 |
| April | 69.5723 | 68.5371 | 68.9751 |
| May | 73.6239 | 69.0827 | 71.5421 |
| June | 77.3834 | 73.0877 | 75.0986 |
| July | 79.4986 | 76.6546 | 78.2043 |
| August | 80.0139 | 78.7785 | 79.4148 |
| September | 79.8541 | 78.8710 | 79.4396 |
| October | 80.0757 | 73.6415 | 79.3485 |
| November | 81.2114 | 79.8762 | 80.5760 |
| December | 81.6744 | 61.2271 | 80.6309 |