2018 HNL to SGD Historical Review

YEARLY HIGH

0.0598 SGD

YEARLY LOW

0.0553 SGD

YEARLY AVERAGE

0.0564 SGD

2018 HNL to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HNL to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.0598. Conversely, the yearly low was recorded on April 18, dropping to 0.0553.

This high-to-low spread represents a total annual volatility of 0.0045 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0559 to the December average rate of 0.0565, the exchange rate registered a net change of 1.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0598 was down 4.42% compared to the 2017 peak of 0.0626, 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 299 SGD

2017 Average 294 SGD

Yearly Trough Low 276 SGD

Transaction Impact: A difference of 22.73 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0575

0.0554

JanuMarcMayJulySeptNove

HNL to SGD 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 0.0560, compared to 0.0569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0560

H2 Avg (Jul–Dec) 0.0569

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0040 SGD (High: 0.0598 / Low: 0.0559). On the other end, July was the most stable month, with a tight range of 0.0006 SGD (High: 0.0570 / Low: 0.0565).

December Spread (Volatile) ±0.0040

July Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0565) against the same month in 2017 (average: 0.0570), the exchange rate shifted by -0.0004 (-0.77%).

2018 Avg (December) 0.0565

2017 Avg (December) 0.0570

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0567	0.0554	0.0559
February	0.0566	0.0554	0.0559
March	0.0560	0.0554	0.0557
April	0.0561	0.0553	0.0556
May	0.0570	0.0560	0.0563
June	0.0570	0.0556	0.0563
July	0.0570	0.0565	0.0568
August	0.0574	0.0567	0.0570
September	0.0574	0.0567	0.0570
October	0.0577	0.0570	0.0573
November	0.0574	0.0562	0.0566
December	0.0598	0.0559	0.0565