2014 AFN to HNL Historical Review

YEARLY HIGH

0.3754 HNL

YEARLY LOW

0.3345 HNL

YEARLY AVERAGE

0.3581 HNL

2014 AFN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.3754. Conversely, the yearly low was recorded on May 28, dropping to 0.3345.

This high-to-low spread represents a total annual volatility of 0.0408 HNL. From a start-to-finish perspective, comparing the January average rate of 0.3565 to the December average rate of 0.3637, the exchange rate registered a net change of 2.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3754 was down 3.67% compared to the 2013 peak of 0.3897, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,877 HNL

2013 Average 1,835 HNL

Yearly Trough Low 1,673 HNL

Transaction Impact: A difference of 204.13 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3767

0.3335

JanuMarcMayJulySeptNove

AFN 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 0.3470, compared to 0.3693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 0.3470

H2 Avg (Jul–Dec) 0.3693

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0283 HNL (High: 0.3628 / Low: 0.3345). On the other end, November was the most stable month, with a tight range of 0.0059 HNL (High: 0.3711 / Low: 0.3651).

May Spread (Volatile) ±0.0283

November Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0086 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 0.3718) against the same month in 2013 (average: 0.3631), the exchange rate shifted by +0.0087 (+2.39%).

2014 Avg (September) 0.3718

2013 Avg (September) 0.3631

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3618	0.3479	0.3565
February	0.3531	0.3435	0.3481
March	0.3434	0.3365	0.3395
April	0.3412	0.3348	0.3371
May	0.3628	0.3345	0.3379
June	0.3658	0.3584	0.3628
July	0.3744	0.3630	0.3684
August	0.3753	0.3678	0.3731
September	0.3754	0.3691	0.3718
October	0.3739	0.3676	0.3706
November	0.3711	0.3651	0.3680
December	0.3667	0.3602	0.3637