YEARLY HIGH
1.3454 HNL
YEARLY LOW
0.9831 HNL
YEARLY AVERAGE
1.1589 HNL

2020 MXN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 1.3454. Conversely, the yearly low was recorded on March 23, dropping to 0.9831.

This high-to-low spread represents a total annual volatility of 0.3623 HNL. From a start-to-finish perspective, comparing the January average rate of 1.3182 to the December average rate of 1.2153, the exchange rate registered a net change of -7.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.3454 was up 2.59% compared to the 2019 peak of 1.3114, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 67,269 HNL
2019 Average 63,786 HNL
Yearly Trough Low 49,155 HNL
Transaction Impact: A difference of 18,113.61 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.3471
1.0003
JanuMarcMayJulySeptNove

MXN to HNL 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 1.1614, compared to 1.1565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 1.1614
H2 Avg (Jul–Dec) 1.1565

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2952 HNL (High: 1.2784 / Low: 0.9831). On the other end, December was the most stable month, with a tight range of 0.0319 HNL (High: 1.2290 / Low: 1.1971).

March Spread (Volatile) ±0.2952
December Spread (Stable) ±0.0319

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1959 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1959

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.3182) against the same month in 2019 (average: 1.2742), the exchange rate shifted by +0.0439 (+3.45%).

2020 Avg (January) 1.3182
2019 Avg (January) 1.2742

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3454 1.3026 1.3182
February 1.3407 1.2711 1.3172
March 1.2784 0.9831 1.1212
April 1.0680 0.9857 1.0292
May 1.1265 1.0040 1.0658
June 1.1621 1.0760 1.1166
July 1.1344 1.0916 1.1109
August 1.1338 1.0981 1.1161
September 1.1824 1.1006 1.1428
October 1.1762 1.1280 1.1570
November 1.2156 1.1487 1.1968
December 1.2290 1.1971 1.2153