YEARLY HIGH
2.2859 HNL
YEARLY LOW
2.0434 HNL
YEARLY AVERAGE
2.1762 HNL

2021 BWP to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BWP to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.2859. Conversely, the yearly low was recorded on November 28, dropping to 2.0434.

This high-to-low spread represents a total annual volatility of 0.2425 HNL. From a start-to-finish perspective, comparing the January average rate of 2.2096 to the December average rate of 2.0710, the exchange rate registered a net change of -6.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.2859 was down 2.89% compared to the 2020 peak of 2.3540, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,429 HNL
2020 Average 10,820 HNL
Yearly Trough Low 10,217 HNL
Transaction Impact: A difference of 1,212.31 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.2616
2.0537
JanuMarcMayJulySeptNove

BWP 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 2.2206, compared to 2.1319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0887 points.

H1 Avg (Jan–Jun) 2.2206
H2 Avg (Jul–Dec) 2.1319

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.1075 HNL (High: 2.2859 / Low: 2.1784). On the other end, December was the most stable month, with a tight range of 0.0488 HNL (High: 2.1002 / Low: 2.0513).

January Spread (Volatile) ±0.1075
December Spread (Stable) ±0.0488

Growth Streaks & Declines

Trends

Between March and June, 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 0.0739 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0739

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.2096) against the same month in 2020 (average: 2.3112), the exchange rate shifted by -0.1016 (-4.40%).

2021 Avg (January) 2.2096
2020 Avg (January) 2.3112

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2859 2.1784 2.2096
February 2.2576 2.1920 2.2252
March 2.2143 2.1581 2.1908
April 2.2362 2.1762 2.2114
May 2.2727 2.2104 2.2421
June 2.2837 2.2029 2.2443
July 2.2153 2.1323 2.1704
August 2.1910 2.0928 2.1353
September 2.2073 2.1312 2.1764
October 2.1700 2.1202 2.1474
November 2.1323 2.0434 2.0908
December 2.1002 2.0513 2.0710