2018 HNL to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 HNL to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the HNL to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 25.2837. Conversely, the yearly low was recorded on February 1, dropping to 22.1922.
This high-to-low spread represents a total annual volatility of 3.0916 XAF. From a start-to-finish perspective, comparing the January average rate of 22.7568 to the December average rate of 23.7685, the exchange rate registered a net change of 4.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 25.2837 was down 7.08% compared to the 2017 peak of 27.2117, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
HNL to XAF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.8552, compared to 23.6215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7663 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 1.8844 XAF (High: 25.2837 / Low: 23.3994). On the other end, July was the most stable month, with a tight range of 0.3155 XAF (High: 23.5310 / Low: 23.2155).
Growth Streaks & Declines
TrendsBetween March and June, 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 August and September, when the average rate fell by 0.2664 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 23.7685) against the same month in 2017 (average: 23.4355), the exchange rate shifted by +0.3330 (+1.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.2588 | 22.3213 | 22.7568 |
| February | 22.7844 | 22.1922 | 22.5120 |
| March | 22.6450 | 22.2838 | 22.5071 |
| April | 22.9439 | 22.3622 | 22.5763 |
| May | 23.7991 | 23.0827 | 23.3409 |
| June | 23.6328 | 23.1337 | 23.4384 |
| July | 23.5310 | 23.2155 | 23.3907 |
| August | 24.0750 | 23.3363 | 23.6750 |
| September | 23.6148 | 23.1285 | 23.4086 |
| October | 24.0444 | 23.5079 | 23.7112 |
| November | 24.2216 | 23.5740 | 23.7752 |
| December | 25.2837 | 23.3994 | 23.7685 |