2023 HNL to SBD Historical Review

YEARLY HIGH

0.3451 SBD

YEARLY LOW

0.3294 SBD

YEARLY AVERAGE

0.3384 SBD

2023 HNL to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HNL to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.3451. Conversely, the yearly low was recorded on February 5, dropping to 0.3294.

This high-to-low spread represents a total annual volatility of 0.0157 SBD. From a start-to-finish perspective, comparing the January average rate of 0.3351 to the December average rate of 0.3422, the exchange rate registered a net change of 2.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3451 was up 2.43% compared to the 2022 peak of 0.3369, 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 1,726 SBD

2022 Average 1,654 SBD

Yearly Trough Low 1,647 SBD

Transaction Impact: A difference of 78.38 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3431

0.3332

JanuMarcMayJulySeptNove

HNL to SBD 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 0.3361, compared to 0.3407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.3361

H2 Avg (Jul–Dec) 0.3407

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0089 SBD (High: 0.3384 / Low: 0.3294). On the other end, December was the most stable month, with a tight range of 0.0029 SBD (High: 0.3437 / Low: 0.3408).

February Spread (Volatile) ±0.0089

December Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.3419) against the same month in 2022 (average: 0.3321), the exchange rate shifted by +0.0098 (+2.96%).

2023 Avg (November) 0.3419

2022 Avg (November) 0.3321

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3375	0.3329	0.3351
February	0.3384	0.3294	0.3340
March	0.3372	0.3323	0.3341
April	0.3426	0.3338	0.3373
May	0.3403	0.3366	0.3381
June	0.3406	0.3367	0.3378
July	0.3438	0.3370	0.3397
August	0.3429	0.3364	0.3399
September	0.3419	0.3368	0.3391
October	0.3447	0.3383	0.3414
November	0.3451	0.3391	0.3419
December	0.3437	0.3408	0.3422