YEARLY HIGH
1.1766 UAH
YEARLY LOW
1.0777 UAH
YEARLY AVERAGE
1.1317 UAH

2021 HNL to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.1766. Conversely, the yearly low was recorded on November 10, dropping to 1.0777.

This high-to-low spread represents a total annual volatility of 0.0989 UAH. From a start-to-finish perspective, comparing the January average rate of 1.1639 to the December average rate of 1.1208, the exchange rate registered a net change of -3.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1766 was up 0.05% compared to the 2020 peak of 1.1760, 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 5,883 UAH
2020 Average 5,454 UAH
Yearly Trough Low 5,388 UAH
Transaction Impact: A difference of 494.71 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1711
1.0839
JanuMarcMayJulySeptNove

HNL to UAH 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 1.1496, compared to 1.1137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0359 points.

H1 Avg (Jan–Jun) 1.1496
H2 Avg (Jul–Dec) 1.1137

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0486 UAH (High: 1.1263 / Low: 1.0777). On the other end, August was the most stable month, with a tight range of 0.0138 UAH (High: 1.1313 / Low: 1.1175).

November Spread (Volatile) ±0.0486
August Spread (Stable) ±0.0138

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.0179 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.1639) against the same month in 2020 (average: 0.9752), the exchange rate shifted by +0.1887 (+19.35%).

2021 Avg (January) 1.1639
2020 Avg (January) 0.9752

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1766 1.1353 1.1639
February 1.1606 1.1378 1.1502
March 1.1608 1.1396 1.1480
April 1.1703 1.1491 1.1586
May 1.1555 1.1378 1.1456
June 1.1445 1.1180 1.1317
July 1.1485 1.1209 1.1389
August 1.1313 1.1175 1.1257
September 1.1316 1.1010 1.1091
October 1.1020 1.0840 1.0912
November 1.1263 1.0777 1.0967
December 1.1330 1.1099 1.1208