YEARLY HIGH
0.1100 XCD
YEARLY LOW
0.1062 XCD
YEARLY AVERAGE
0.1087 XCD

2024 HNL to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HNL to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1100. Conversely, the yearly low was recorded on December 29, dropping to 0.1062.

This high-to-low spread represents a total annual volatility of 0.0038 XCD. From a start-to-finish perspective, comparing the January average rate of 0.1095 to the December average rate of 0.1066, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1100 was down 1.02% compared to the 2023 peak of 0.1111, 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 550 XCD
2023 Average 548 XCD
Yearly Trough Low 531 XCD
Transaction Impact: A difference of 18.77 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1098
0.1063
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 0.1093, compared to 0.1081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1093
H2 Avg (Jul–Dec) 0.1081

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0019 XCD (High: 0.1088 / Low: 0.1070). On the other end, July was the most stable month, with a tight range of 0.0006 XCD (High: 0.1094 / Low: 0.1088).

October Spread (Volatile) ±0.0019
July Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1095) against the same month in 2023 (average: 0.1096), the exchange rate shifted by -0.0001 (-0.09%).

2024 Avg (January) 0.1095
2023 Avg (January) 0.1096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1100 0.1092 0.1095
February 0.1097 0.1086 0.1093
March 0.1099 0.1089 0.1093
April 0.1098 0.1090 0.1094
May 0.1097 0.1089 0.1093
June 0.1096 0.1078 0.1090
July 0.1094 0.1088 0.1091
August 0.1099 0.1084 0.1090
September 0.1092 0.1084 0.1088
October 0.1088 0.1070 0.1080
November 0.1079 0.1065 0.1073
December 0.1071 0.1062 0.1066