YEARLY HIGH
0.0485 HNL
YEARLY LOW
0.0096 HNL
YEARLY AVERAGE
0.0243 HNL

2021 SYP to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0485. Conversely, the yearly low was recorded on November 21, dropping to 0.0096.

This high-to-low spread represents a total annual volatility of 0.0389 HNL. From a start-to-finish perspective, comparing the January average rate of 0.0473 to the December average rate of 0.0097, the exchange rate registered a net change of -79.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0485 was down 1.25% compared to the 2020 peak of 0.0491, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SYP based on timing:

Yearly Peak High 243 HNL
2020 Average 241 HNL
Yearly Trough Low 48 HNL
Transaction Impact: A difference of 194.66 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0510
0.0059
JanuMarcMayJulySeptNove

SYP 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 0.0318, compared to 0.0169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.0318
H2 Avg (Jul–Dec) 0.0169

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0283 HNL (High: 0.0475 / Low: 0.0192). On the other end, December was the most stable month, with a tight range of 0.0001 HNL (High: 0.0097 / Low: 0.0096).

March Spread (Volatile) ±0.0283
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 0.0196 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0196

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0473) against the same month in 2020 (average: 0.0481), the exchange rate shifted by -0.0009 (-1.78%).

2021 Avg (January) 0.0473
2020 Avg (January) 0.0481

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0485 0.0469 0.0473
February 0.0475 0.0470 0.0473
March 0.0475 0.0192 0.0388
April 0.0192 0.0191 0.0192
May 0.0192 0.0190 0.0192
June 0.0192 0.0190 0.0191
July 0.0191 0.0189 0.0190
August 0.0190 0.0189 0.0189
September 0.0193 0.0190 0.0192
October 0.0193 0.0191 0.0192
November 0.0192 0.0096 0.0154
December 0.0097 0.0096 0.0097