2019 HNL to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 HNL to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the HNL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 637.9251. Conversely, the yearly low was recorded on November 12, dropping to 365.8092.
This high-to-low spread represents a total annual volatility of 272.1159 GNF. From a start-to-finish perspective, comparing the January average rate of 374.9724 to the December average rate of 391.7286, the exchange rate registered a net change of 4.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 637.9251 was up 58.68% compared to the 2018 peak of 402.0140, 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 2019.
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 374.5347, compared to 377.9548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4201 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 257.6065 GNF (High: 637.9251 / Low: 380.3186). On the other end, October was the most stable month, with a tight range of 5.0184 GNF (High: 377.7457 / Low: 372.7273).
Growth Streaks & Declines
TrendsBetween June and September, 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 May and June, when the average rate fell by 5.2042 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 391.7286) against the same month in 2018 (average: 377.4060), the exchange rate shifted by +14.3225 (+3.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 378.5382 | 372.4901 | 374.9724 |
| February | 377.7770 | 371.5959 | 374.5463 |
| March | 376.7345 | 371.1281 | 374.4973 |
| April | 376.2234 | 371.0418 | 374.1775 |
| May | 391.6001 | 371.5262 | 377.1093 |
| June | 375.3816 | 365.9229 | 371.9051 |
| July | 377.2505 | 372.0375 | 373.8558 |
| August | 377.7519 | 372.4836 | 374.4239 |
| September | 379.4043 | 371.5335 | 374.5728 |
| October | 377.7457 | 372.7273 | 374.3870 |
| November | 387.2402 | 365.8092 | 378.7606 |
| December | 637.9251 | 380.3186 | 391.7286 |