2020 HNL to TWD Historical Review

YEARLY HIGH

1.2319 TWD

YEARLY LOW

1.1520 TWD

YEARLY AVERAGE

1.1904 TWD

2020 HNL to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HNL to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 1.2319. Conversely, the yearly low was recorded on October 29, dropping to 1.1520.

This high-to-low spread represents a total annual volatility of 0.0799 TWD. From a start-to-finish perspective, comparing the January average rate of 1.2109 to the December average rate of 1.1626, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.2319 was down 39.77% compared to the 2019 peak of 2.0453, 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 6,159 TWD

2019 Average 6,295 TWD

Yearly Trough Low 5,760 TWD

Transaction Impact: A difference of 399.28 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.2209

1.1573

JanuMarcMayJulySeptNove

HNL to TWD 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 1.2053, compared to 1.1754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0299 points.

H1 Avg (Jan–Jun) 1.2053

H2 Avg (Jul–Dec) 1.1754

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0424 TWD (High: 1.2232 / Low: 1.1808). On the other end, December was the most stable month, with a tight range of 0.0143 TWD (High: 1.1723 / Low: 1.1581).

January Spread (Volatile) ±0.0424

December Spread (Stable) ±0.0143

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0142 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 1.2156) against the same month in 2019 (average: 1.2576), the exchange rate shifted by -0.0421 (-3.34%).

2020 Avg (February) 1.2156

2019 Avg (February) 1.2576

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2232	1.1808	1.2109
February	1.2319	1.2067	1.2156
March	1.2280	1.2006	1.2104
April	1.2148	1.1946	1.2072
May	1.2108	1.1928	1.1991
June	1.1996	1.1795	1.1888
July	1.1913	1.1746	1.1827
August	1.1962	1.1754	1.1877
September	1.1896	1.1744	1.1820
October	1.1747	1.1520	1.1679
November	1.1761	1.1612	1.1695
December	1.1723	1.1581	1.1626