YEARLY HIGH
0.4894 BWP
YEARLY LOW
0.4375 BWP
YEARLY AVERAGE
0.4598 BWP

2021 HNL to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.4894. Conversely, the yearly low was recorded on January 6, dropping to 0.4375.

This high-to-low spread represents a total annual volatility of 0.0519 BWP. From a start-to-finish perspective, comparing the January average rate of 0.4526 to the December average rate of 0.4829, the exchange rate registered a net change of 6.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4894 was down 1.46% compared to the 2020 peak of 0.4966, 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 2,447 BWP
2020 Average 2,313 BWP
Yearly Trough Low 2,187 BWP
Transaction Impact: A difference of 259.54 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4866
0.4419
JanuMarcMayJulySeptNove

HNL to BWP 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 0.4504, compared to 0.4693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 0.4504
H2 Avg (Jul–Dec) 0.4693

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0216 BWP (High: 0.4591 / Low: 0.4375). On the other end, October was the most stable month, with a tight range of 0.0108 BWP (High: 0.4717 / Low: 0.4608).

January Spread (Volatile) ±0.0216
October Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between September and December, 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 0.0089 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.4784) against the same month in 2020 (average: 0.4572), the exchange rate shifted by +0.0212 (+4.64%).

2021 Avg (November) 0.4784
2020 Avg (November) 0.4572

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4591 0.4375 0.4526
February 0.4562 0.4429 0.4494
March 0.4634 0.4516 0.4565
April 0.4595 0.4472 0.4522
May 0.4524 0.4400 0.4460
June 0.4540 0.4379 0.4457
July 0.4690 0.4514 0.4608
August 0.4778 0.4564 0.4684
September 0.4692 0.4530 0.4595
October 0.4717 0.4608 0.4657
November 0.4894 0.4690 0.4784
December 0.4875 0.4762 0.4829