2020 HNL to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 HNL to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the HNL to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 25.2827. Conversely, the yearly low was recorded on March 23, dropping to 22.5459.
This high-to-low spread represents a total annual volatility of 2.7368 CRC. From a start-to-finish perspective, comparing the January average rate of 22.9308 to the December average rate of 24.9694, the exchange rate registered a net change of 8.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 25.2827 was down 33.87% compared to the 2019 peak of 38.2341, 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 CRC 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 22.9288, compared to 24.3359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4072 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.8327 CRC (High: 23.3786 / Low: 22.5459). On the other end, October was the most stable month, with a tight range of 0.2536 CRC (High: 24.6763 / Low: 24.4226).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1117 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 24.9465) against the same month in 2019 (average: 23.4389), the exchange rate shifted by +1.5077 (+6.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.2813 | 22.6508 | 22.9308 |
| February | 23.1382 | 22.7522 | 22.9338 |
| March | 23.3786 | 22.5459 | 22.9263 |
| April | 23.2630 | 22.5676 | 22.8882 |
| May | 22.9505 | 22.6253 | 22.7764 |
| June | 23.3261 | 22.7459 | 23.1172 |
| July | 23.5644 | 23.2729 | 23.3949 |
| August | 24.1473 | 23.4044 | 23.9681 |
| September | 24.5102 | 24.0413 | 24.1825 |
| October | 24.6763 | 24.4226 | 24.5541 |
| November | 25.2827 | 24.6763 | 24.9465 |
| December | 25.2209 | 24.7032 | 24.9694 |