2021 HNL to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 HNL to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the HNL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 427.2274. Conversely, the yearly low was recorded on December 21, dropping to 381.7808.
This high-to-low spread represents a total annual volatility of 45.4466 GNF. From a start-to-finish perspective, comparing the January average rate of 420.9597 to the December average rate of 387.6557, the exchange rate registered a net change of -7.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 427.2274 was up 3.21% compared to the 2020 peak of 413.9350, 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 2021.
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 414.6639, compared to 401.9289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.7350 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 18.2235 GNF (High: 426.6871 / Low: 408.4636). On the other end, June was the most stable month, with a tight range of 4.2486 GNF (High: 410.9570 / Low: 406.7084).
Growth Streaks & Declines
TrendsBetween June and August, 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 October and November, when the average rate fell by 7.5336 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2021: 419.6020) against the same month in 2020 (average: 381.5854), the exchange rate shifted by +38.0166 (+9.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 426.6871 | 408.4636 | 420.9597 |
| February | 427.2274 | 413.8923 | 419.6020 |
| March | 419.7692 | 413.7371 | 415.9021 |
| April | 416.2028 | 410.0414 | 413.8683 |
| May | 411.8997 | 407.2562 | 409.4563 |
| June | 410.9570 | 406.7084 | 408.1947 |
| July | 412.7942 | 408.1492 | 410.7812 |
| August | 412.9681 | 407.7019 | 411.1541 |
| September | 410.0511 | 403.5088 | 405.7248 |
| October | 405.0196 | 398.4698 | 401.8955 |
| November | 398.2782 | 388.6707 | 394.3618 |
| December | 393.6701 | 381.7808 | 387.6557 |