2020 HNL to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 HNL to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the HNL to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 8.1084. Conversely, the yearly low was recorded on November 18, dropping to 6.3963.
This high-to-low spread represents a total annual volatility of 1.7121 LRD. From a start-to-finish perspective, comparing the January average rate of 7.7247 to the December average rate of 6.6523, the exchange rate registered a net change of -13.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 8.1084 was down 36.12% compared to the 2019 peak of 12.6942, 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 2020.
HNL to LRD 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 7.9129, compared to 7.5815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3314 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 1.0518 LRD (High: 7.4481 / Low: 6.3963). On the other end, September was the most stable month, with a tight range of 0.0538 LRD (High: 8.0864 / Low: 8.0326).
Growth Streaks & Declines
TrendsBetween January and April, 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 October and November, when the average rate fell by 1.0998 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2020: 8.0616) against the same month in 2019 (average: 8.2878), the exchange rate shifted by -0.2262 (-2.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.8593 | 7.5291 | 7.7247 |
| February | 7.9885 | 7.8566 | 7.9200 |
| March | 8.0336 | 7.8903 | 7.9498 |
| April | 8.0067 | 7.9200 | 7.9516 |
| May | 7.9934 | 7.9218 | 7.9470 |
| June | 8.0298 | 7.9575 | 7.9842 |
| July | 8.0543 | 7.9870 | 8.0102 |
| August | 8.1084 | 7.9870 | 8.0616 |
| September | 8.0864 | 8.0326 | 8.0584 |
| October | 8.0749 | 7.4481 | 7.9031 |
| November | 7.4481 | 6.3963 | 6.8034 |
| December | 6.7862 | 6.4918 | 6.6523 |