2019 HNL to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 HNL to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the HNL to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 24.0096. Conversely, the yearly low was recorded on June 11, dropping to 14.2379.
This high-to-low spread represents a total annual volatility of 9.7717 MRO. From a start-to-finish perspective, comparing the January average rate of 14.6124 to the December average rate of 14.7529, the exchange rate registered a net change of 0.96% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 24.0096 was up 53.74% compared to the 2018 peak of 15.6169, 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 MRO 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 14.5692, compared to 14.5358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0334 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 9.6379 MRO (High: 24.0096 / Low: 14.3717). On the other end, April was the most stable month, with a tight range of 0.0935 MRO (High: 14.6175 / Low: 14.5240).
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 May and June, when the average rate fell by 0.2007 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 14.7529) against the same month in 2018 (average: 14.7169), the exchange rate shifted by +0.0359 (+0.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.7050 | 14.5833 | 14.6124 |
| February | 14.6220 | 14.5122 | 14.5751 |
| March | 14.6338 | 14.5241 | 14.5602 |
| April | 14.6175 | 14.5240 | 14.5570 |
| May | 15.1464 | 14.4827 | 14.6555 |
| June | 14.6279 | 14.2379 | 14.4548 |
| July | 14.5914 | 14.4242 | 14.4972 |
| August | 14.8054 | 14.4651 | 14.5336 |
| September | 14.6826 | 14.4417 | 14.5054 |
| October | 14.5575 | 14.4242 | 14.4615 |
| November | 14.5265 | 14.4242 | 14.4643 |
| December | 24.0096 | 14.3717 | 14.7529 |