2023 HNL to XCD Historical Review

YEARLY HIGH

0.1111 XCD

YEARLY LOW

0.1083 XCD

YEARLY AVERAGE

0.1096 XCD

2023 HNL to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HNL to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1111. Conversely, the yearly low was recorded on September 9, dropping to 0.1083.

This high-to-low spread represents a total annual volatility of 0.0028 XCD. From a start-to-finish perspective, comparing the January average rate of 0.1096 to the December average rate of 0.1094, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1111 was up 0.14% compared to the 2022 peak of 0.1110, 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 556 XCD

2022 Average 549 XCD

Yearly Trough Low 542 XCD

Transaction Impact: A difference of 14.05 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1100

0.1090

JanuMarcMayJulySeptNove

HNL to XCD 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 0.1097, compared to 0.1095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1097

H2 Avg (Jul–Dec) 0.1095

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0021 XCD (High: 0.1107 / Low: 0.1086). On the other end, January was the most stable month, with a tight range of 0.0005 XCD (High: 0.1099 / Low: 0.1094).

August Spread (Volatile) ±0.0021

January Spread (Stable) ±0.0005

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 August and September, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1097) against the same month in 2022 (average: 0.1103), the exchange rate shifted by -0.0006 (-0.51%).

2023 Avg (March) 0.1097

2022 Avg (March) 0.1103

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1099	0.1094	0.1096
February	0.1106	0.1086	0.1096
March	0.1111	0.1095	0.1097
April	0.1111	0.1096	0.1099
May	0.1103	0.1095	0.1097
June	0.1105	0.1092	0.1095
July	0.1106	0.1092	0.1097
August	0.1107	0.1086	0.1098
September	0.1099	0.1083	0.1091
October	0.1101	0.1088	0.1094
November	0.1103	0.1091	0.1095
December	0.1096	0.1090	0.1094