2018 HNL to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 HNL to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the HNL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 402.0140. Conversely, the yearly low was recorded on August 18, dropping to 371.8257.
This high-to-low spread represents a total annual volatility of 30.1883 GNF. From a start-to-finish perspective, comparing the January average rate of 381.2255 to the December average rate of 377.4060, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 402.0140 was down 2.61% compared to the 2017 peak of 412.8078, 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 2018.
HNL to GNF 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 380.2247, compared to 376.8337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3910 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 29.4498 GNF (High: 402.0140 / Low: 372.5642). On the other end, March was the most stable month, with a tight range of 1.1260 GNF (High: 381.6801 / Low: 380.5541).
Growth Streaks & Declines
TrendsBetween August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 2.3437 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 377.4060) against the same month in 2017 (average: 381.5402), the exchange rate shifted by -4.1342 (-1.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 383.0434 | 378.8809 | 381.2255 |
| February | 382.9069 | 380.7457 | 381.6560 |
| March | 381.6801 | 380.5541 | 381.2315 |
| April | 381.8226 | 379.3350 | 381.0684 |
| May | 381.1685 | 376.9540 | 379.2552 |
| June | 379.6529 | 375.6707 | 376.9115 |
| July | 379.2737 | 375.3493 | 377.3703 |
| August | 378.5359 | 371.8257 | 376.8330 |
| September | 378.7350 | 375.5359 | 376.9348 |
| October | 378.6876 | 375.6454 | 377.1532 |
| November | 377.3158 | 372.3541 | 375.3045 |
| December | 402.0140 | 372.5642 | 377.4060 |