2021 HNL to TWD Historical Review

YEARLY HIGH

1.1846 TWD

YEARLY LOW

1.1261 TWD

YEARLY AVERAGE

1.1580 TWD

2021 HNL to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 1.1846. Conversely, the yearly low was recorded on January 6, dropping to 1.1261.

This high-to-low spread represents a total annual volatility of 0.0584 TWD. From a start-to-finish perspective, comparing the January average rate of 1.1546 to the December average rate of 1.1412, the exchange rate registered a net change of -1.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1846 was down 3.84% compared to the 2020 peak of 1.2319, 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 5,923 TWD

2020 Average 5,951 TWD

Yearly Trough Low 5,631 TWD

Transaction Impact: A difference of 292.23 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1755

1.1380

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 1.1593, compared to 1.1566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 1.1593

H2 Avg (Jul–Dec) 1.1566

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0440 TWD (High: 1.1846 / Low: 1.1406). On the other end, November was the most stable month, with a tight range of 0.0122 TWD (High: 1.1542 / Low: 1.1421).

March Spread (Volatile) ±0.0440

November Spread (Stable) ±0.0122

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0218 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 1.1667) against the same month in 2020 (average: 1.2104), the exchange rate shifted by -0.0437 (-3.61%).

2021 Avg (March) 1.1667

2020 Avg (March) 1.2104

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1638	1.1261	1.1546
February	1.1620	1.1448	1.1522
March	1.1846	1.1406	1.1667
April	1.1845	1.1537	1.1724
May	1.1653	1.1457	1.1565
June	1.1670	1.1432	1.1536
July	1.1830	1.1631	1.1718
August	1.1804	1.1562	1.1713
September	1.1596	1.1426	1.1495
October	1.1658	1.1479	1.1551
November	1.1542	1.1421	1.1508
December	1.1493	1.1328	1.1412