2023 HNL to STD Historical Review

YEARLY HIGH

938.5285 STD

YEARLY LOW

893.0581 STD

YEARLY AVERAGE

916.0937 STD

2023 HNL to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HNL to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 938.5285. Conversely, the yearly low was recorded on September 9, dropping to 893.0581.

This high-to-low spread represents a total annual volatility of 45.4704 STD. From a start-to-finish perspective, comparing the January average rate of 925.3339 to the December average rate of 901.6255, the exchange rate registered a net change of -2.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 938.5285 was down 2.55% compared to the 2022 peak of 963.1162, 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 4,692,643 STD

2022 Average 4,505,007 STD

Yearly Trough Low 4,465,291 STD

Transaction Impact: A difference of 227,352.00 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

931.2679

896.5908

JanuMarcMayJulySeptNove

HNL to STD 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 926.3066, compared to 905.8808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 20.4258 points.

H1 Avg (Jan–Jun) 926.3066

H2 Avg (Jul–Dec) 905.8808

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 29.2683 STD (High: 934.2968 / Low: 905.0285). On the other end, January was the most stable month, with a tight range of 4.1496 STD (High: 928.1978 / Low: 924.0482).

July Spread (Volatile) ±29.2683

January Spread (Stable) ±4.1496

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 July and August, when the average rate fell by 18.8697 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -18.8697

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 926.6333) against the same month in 2022 (average: 873.4494), the exchange rate shifted by +53.1839 (+6.09%).

2023 Avg (March) 926.6333

2022 Avg (March) 873.4494

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	928.1978	924.0482	925.3339
February	934.2831	917.2713	925.8553
March	938.5285	924.5768	926.6333
April	938.0340	925.5471	928.3782
May	931.6532	924.7970	926.7715
June	932.8092	922.1814	924.8677
July	934.2968	905.0285	923.9526
August	912.8377	895.4727	905.0830
September	905.7577	893.0581	899.4805
October	907.5092	897.0129	902.0671
November	909.6947	899.5950	903.0764
December	903.6503	898.7108	901.6255