2020 HNL to GNF Historical Review

YEARLY HIGH

413.9350 GNF

YEARLY LOW

373.4440 GNF

YEARLY AVERAGE

388.9958 GNF

2020 HNL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HNL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 413.9350. Conversely, the yearly low was recorded on January 14, dropping to 373.4440.

This high-to-low spread represents a total annual volatility of 40.4910 GNF. From a start-to-finish perspective, comparing the January average rate of 382.6788 to the December average rate of 410.1820, the exchange rate registered a net change of 7.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 413.9350 was down 35.11% compared to the 2019 peak of 637.9251, 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 2,069,675 GNF

2019 Average 1,881,370 GNF

Yearly Trough Low 1,867,220 GNF

Transaction Impact: A difference of 202,454.86 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

413.2625

376.2965

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 381.4810, compared to 396.5106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.0296 points.

H1 Avg (Jan–Jun) 381.4810

H2 Avg (Jul–Dec) 396.5106

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 15.9299 GNF (High: 389.3739 / Low: 373.4440). On the other end, July was the most stable month, with a tight range of 3.7343 GNF (High: 389.1050 / Low: 385.3707).

January Spread (Volatile) ±15.9299

July Spread (Stable) ±3.7343

Growth Streaks & Declines

Trends

Between 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 1.7319 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -1.7319

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 410.1820) against the same month in 2019 (average: 391.7286), the exchange rate shifted by +18.4534 (+4.71%).

2020 Avg (December) 410.1820

2019 Avg (December) 391.7286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	389.3739	373.4440	382.6788
February	386.7514	377.6553	381.5854
March	386.7495	376.8014	380.9679
April	384.6549	377.3547	381.1089
May	385.1924	376.7838	379.3770
June	387.6554	378.4541	383.1681
July	389.1050	385.3707	386.9291
August	392.9995	385.3707	390.0722
September	396.9727	388.4631	392.6259
October	399.6854	395.5375	397.9656
November	405.3855	396.8254	401.2888
December	413.9350	404.3897	410.1820