2022 HNL to SGD Historical Review

YEARLY HIGH

0.0584 SGD

YEARLY LOW

0.0537 SGD

YEARLY AVERAGE

0.0560 SGD

2022 HNL to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HNL to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0584. Conversely, the yearly low was recorded on August 29, dropping to 0.0537.

This high-to-low spread represents a total annual volatility of 0.0047 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0551 to the December average rate of 0.0548, the exchange rate registered a net change of -0.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0584 was up 1.56% compared to the 2021 peak of 0.0575, 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 292 SGD

2021 Average 279 SGD

Yearly Trough Low 268 SGD

Transaction Impact: A difference of 23.46 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0578

0.0545

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 0.0556, compared to 0.0564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0556

H2 Avg (Jul–Dec) 0.0564

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0033 SGD (High: 0.0570 / Low: 0.0537). On the other end, January was the most stable month, with a tight range of 0.0009 SGD (High: 0.0556 / Low: 0.0547).

August Spread (Volatile) ±0.0033

January Spread (Stable) ±0.0009

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 October and November, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0573) against the same month in 2021 (average: 0.0559), the exchange rate shifted by +0.0014 (+2.53%).

2022 Avg (September) 0.0573

2021 Avg (September) 0.0559

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0556	0.0547	0.0551
February	0.0556	0.0545	0.0548
March	0.0560	0.0550	0.0555
April	0.0567	0.0552	0.0558
May	0.0570	0.0556	0.0564
June	0.0569	0.0558	0.0564
July	0.0573	0.0562	0.0568
August	0.0570	0.0537	0.0561
September	0.0584	0.0565	0.0573
October	0.0581	0.0566	0.0575
November	0.0577	0.0549	0.0559
December	0.0551	0.0543	0.0548