2021 HNL to JPY Historical Review

YEARLY HIGH

4.7760 JPY

YEARLY LOW

4.1403 JPY

YEARLY AVERAGE

4.5554 JPY

2021 HNL to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 4.7760. Conversely, the yearly low was recorded on January 6, dropping to 4.1403.

This high-to-low spread represents a total annual volatility of 0.6357 JPY. From a start-to-finish perspective, comparing the January average rate of 4.2810 to the December average rate of 4.6881, the exchange rate registered a net change of 9.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.7760 was up 5.12% compared to the 2020 peak of 4.5434, 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 23,880 JPY

2020 Average 21,579 JPY

Yearly Trough Low 20,702 JPY

Transaction Impact: A difference of 3,178.58 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.7621

4.2373

JanuMarcMayJulySeptNove

HNL to JPY 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 4.4611, compared to 4.6498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1888 points.

H1 Avg (Jan–Jun) 4.4611

H2 Avg (Jul–Dec) 4.6498

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.2086 JPY (High: 4.3489 / Low: 4.1403). On the other end, December was the most stable month, with a tight range of 0.0633 JPY (High: 4.7175 / Low: 4.6542).

January Spread (Volatile) ±0.2086

December Spread (Stable) ±0.0633

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0473 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 4.7183) against the same month in 2020 (average: 4.2742), the exchange rate shifted by +0.4442 (+10.39%).

2021 Avg (November) 4.7183

2020 Avg (November) 4.2742

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.3489	4.1403	4.2810
February	4.4265	4.3099	4.3501
March	4.5937	4.3947	4.4947
April	4.5886	4.4717	4.5291
May	4.5644	4.5009	4.5320
June	4.6479	4.5366	4.5794
July	4.6702	4.5819	4.6187
August	4.6609	4.5737	4.6185
September	4.6411	4.5126	4.5712
October	4.7377	4.5921	4.6841
November	4.7760	4.6710	4.7183
December	4.7175	4.6542	4.6881