YEARLY HIGH
3.0975 HNL
YEARLY LOW
2.9429 HNL
YEARLY AVERAGE
3.0051 HNL

2021 SBD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SBD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 3.0975. Conversely, the yearly low was recorded on July 30, dropping to 2.9429.

This high-to-low spread represents a total annual volatility of 0.1546 HNL. From a start-to-finish perspective, comparing the January average rate of 3.0289 to the December average rate of 3.0022, the exchange rate registered a net change of -0.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.0975 was up 0.64% compared to the 2020 peak of 3.0777, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,487 HNL
2020 Average 15,025 HNL
Yearly Trough Low 14,714 HNL
Transaction Impact: A difference of 773.09 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.0435
2.9453
JanuMarcMayJulySeptNove

SBD 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 3.0234, compared to 2.9868 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0366 points.

H1 Avg (Jan–Jun) 3.0234
H2 Avg (Jul–Dec) 2.9868

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0988 HNL (High: 3.0975 / Low: 2.9987). On the other end, November was the most stable month, with a tight range of 0.0235 HNL (High: 3.0147 / Low: 2.9912).

January Spread (Volatile) ±0.0988
November Spread (Stable) ±0.0235

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 0.0382 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 3.0289) against the same month in 2020 (average: 2.9927), the exchange rate shifted by +0.0363 (+1.21%).

2021 Avg (January) 3.0289
2020 Avg (January) 2.9927

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0975 2.9987 3.0289
February 3.0469 3.0146 3.0286
March 3.0619 2.9811 3.0354
April 3.0338 3.0025 3.0168
May 3.0338 2.9983 3.0229
June 3.0209 2.9803 3.0077
July 2.9892 2.9429 2.9695
August 2.9747 2.9452 2.9535
September 3.0087 2.9619 2.9906
October 3.0122 2.9847 3.0008
November 3.0147 2.9912 3.0042
December 3.0179 2.9861 3.0022