2012 ALL to HNL Historical Review

YEARLY HIGH

0.1887 HNL

YEARLY LOW

0.1677 HNL

YEARLY AVERAGE

0.1787 HNL

2012 ALL to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the ALL to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1887. Conversely, the yearly low was recorded on July 24, dropping to 0.1677.

This high-to-low spread represents a total annual volatility of 0.0210 HNL. From a start-to-finish perspective, comparing the January average rate of 0.1777 to the December average rate of 0.1862, the exchange rate registered a net change of 4.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.1887 was down 4.44% compared to the 2011 peak of 0.1975, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 944 HNL

2011 Average 938 HNL

Yearly Trough Low 838 HNL

Transaction Impact: A difference of 105.20 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.1878

0.1690

JanuMarcMayJulySeptNove

ALL 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 0.1776, compared to 0.1798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1776

H2 Avg (Jul–Dec) 0.1798

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0098 HNL (High: 0.1797 / Low: 0.1699). On the other end, March was the most stable month, with a tight range of 0.0032 HNL (High: 0.1815 / Low: 0.1783).

May Spread (Volatile) ±0.0098

March Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between July and October, 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 April and May, when the average rate fell by 0.0041 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.1862) against the same month in 2011 (average: 0.1805), the exchange rate shifted by +0.0057 (+3.14%).

2012 Avg (December) 0.1862

2011 Avg (December) 0.1805

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1810	0.1748	0.1777
February	0.1834	0.1791	0.1811
March	0.1815	0.1783	0.1800
April	0.1815	0.1778	0.1792
May	0.1797	0.1699	0.1751
June	0.1747	0.1703	0.1725
July	0.1743	0.1677	0.1706
August	0.1782	0.1701	0.1756
September	0.1852	0.1782	0.1817
October	0.1847	0.1809	0.1829
November	0.1839	0.1800	0.1816
December	0.1887	0.1832	0.1862