2021 HNL to MRO Historical Review

YEARLY HIGH

15.0573 MRO

YEARLY LOW

0.0409 MRO

YEARLY AVERAGE

14.4563 MRO

2021 HNL to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 15.0573. Conversely, the yearly low was recorded on December 30, dropping to 0.0409.

This high-to-low spread represents a total annual volatility of 15.0164 MRO. From a start-to-finish perspective, comparing the January average rate of 14.7250 to the December average rate of 10.4637, the exchange rate registered a net change of -28.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 15.0573 was up 1.88% compared to the 2020 peak of 14.7796, 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 75,287 MRO

2020 Average 72,169 MRO

Yearly Trough Low 205 MRO

Transaction Impact: A difference of 75,081.99 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.4640

10.0091

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 14.7800, compared to 14.1327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6474 points.

H1 Avg (Jan–Jun) 14.7800

H2 Avg (Jul–Dec) 14.1327

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 14.7496 MRO (High: 14.7906 / Low: 0.0409). On the other end, November was the most stable month, with a tight range of 0.0554 MRO (High: 14.8136 / Low: 14.7582).

December Spread (Volatile) ±14.7496

November Spread (Stable) ±0.0554

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 4.3131 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.3131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 14.9537) against the same month in 2020 (average: 14.3481), the exchange rate shifted by +0.6056 (+4.22%).

2021 Avg (July) 14.9537

2020 Avg (July) 14.3481

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.8307	14.3471	14.7250
February	14.8250	14.6672	14.7271
March	14.8597	14.6612	14.7458
April	14.8982	14.7826	14.8212
May	14.9491	14.7826	14.8181
June	14.9317	14.8010	14.8429
July	15.0573	14.8750	14.9537
August	15.0529	14.9054	15.0094
September	14.9518	14.7368	14.8146
October	14.8415	14.7368	14.7777
November	14.8136	14.7582	14.7768
December	14.7906	0.0409	10.4637