YEARLY HIGH
0.0328 GBP
YEARLY LOW
0.0300 GBP
YEARLY AVERAGE
0.0315 GBP

2024 HNL to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HNL to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.0328. Conversely, the yearly low was recorded on September 24, dropping to 0.0300.

This high-to-low spread represents a total annual volatility of 0.0029 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0319 to the December average rate of 0.0312, the exchange rate registered a net change of -2.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0328 was down 4.22% compared to the 2023 peak of 0.0343, 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 164 GBP
2023 Average 163 GBP
Yearly Trough Low 150 GBP
Transaction Impact: A difference of 14.33 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0325
0.0303
JanuMarcMayJulySeptNove

HNL to GBP 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 0.0320, compared to 0.0310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0320
H2 Avg (Jul–Dec) 0.0310

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0015 GBP (High: 0.0319 / Low: 0.0304). On the other end, January was the most stable month, with a tight range of 0.0003 GBP (High: 0.0320 / Low: 0.0317).

August Spread (Volatile) ±0.0015
January Spread (Stable) ±0.0003

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 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0324) against the same month in 2023 (average: 0.0327), the exchange rate shifted by -0.0003 (-0.99%).

2024 Avg (April) 0.0324
2023 Avg (April) 0.0327

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0320 0.0317 0.0319
February 0.0323 0.0317 0.0320
March 0.0323 0.0315 0.0318
April 0.0328 0.0319 0.0324
May 0.0324 0.0316 0.0320
June 0.0320 0.0314 0.0317
July 0.0319 0.0310 0.0314
August 0.0319 0.0304 0.0312
September 0.0309 0.0300 0.0305
October 0.0309 0.0303 0.0306
November 0.0316 0.0305 0.0311
December 0.0315 0.0309 0.0312