2020 HNL to GMD Historical Review

YEARLY HIGH

2.1424 GMD

YEARLY LOW

2.0194 GMD

YEARLY AVERAGE

2.0812 GMD

2020 HNL to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HNL to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 2.1424. Conversely, the yearly low was recorded on January 14, dropping to 2.0194.

This high-to-low spread represents a total annual volatility of 0.1231 GMD. From a start-to-finish perspective, comparing the January average rate of 2.0649 to the December average rate of 2.1349, the exchange rate registered a net change of 3.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.1424 was down 37.85% compared to the 2019 peak of 3.4474, 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 10,712 GMD

2019 Average 10,211 GMD

Yearly Trough Low 10,097 GMD

Transaction Impact: A difference of 615.32 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.1437

2.0383

JanuMarcMayJulySeptNove

HNL to GMD 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 2.0569, compared to 2.1056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0487 points.

H1 Avg (Jan–Jun) 2.0569

H2 Avg (Jul–Dec) 2.1056

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0623 GMD (High: 2.0817 / Low: 2.0194). On the other end, December was the most stable month, with a tight range of 0.0128 GMD (High: 2.1424 / Low: 2.1296).

January Spread (Volatile) ±0.0623

December Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0090 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.1349) against the same month in 2019 (average: 2.1212), the exchange rate shifted by +0.0137 (+0.65%).

2020 Avg (December) 2.1349

2019 Avg (December) 2.1212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0817	2.0194	2.0649
February	2.0754	2.0381	2.0561
March	2.0734	2.0355	2.0471
April	2.0624	2.0400	2.0472
May	2.0729	2.0432	2.0566
June	2.0815	2.0625	2.0694
July	2.0939	2.0694	2.0801
August	2.1075	2.0762	2.0958
September	2.1029	2.0857	2.0951
October	2.1123	2.0994	2.1060
November	2.1351	2.1062	2.1214
December	2.1424	2.1296	2.1349