2014 ALL to HNL Historical Review

YEARLY HIGH

0.2043 HNL

YEARLY LOW

0.1820 HNL

YEARLY AVERAGE

0.1935 HNL

2014 ALL to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ALL to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 0.2043. Conversely, the yearly low was recorded on December 31, dropping to 0.1820.

This high-to-low spread represents a total annual volatility of 0.0223 HNL. From a start-to-finish perspective, comparing the January average rate of 0.1943 to the December average rate of 0.1854, the exchange rate registered a net change of -4.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2043 was up 1.77% compared to the 2013 peak of 0.2007, 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 1,021 HNL

2013 Average 951 HNL

Yearly Trough Low 910 HNL

Transaction Impact: A difference of 111.30 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2045

0.1836

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 0.1927, compared to 0.1944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1927

H2 Avg (Jul–Dec) 0.1944

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0157 HNL (High: 0.2013 / Low: 0.1856). On the other end, April was the most stable month, with a tight range of 0.0013 HNL (High: 0.1896 / Low: 0.1884).

May Spread (Volatile) ±0.0157

April Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between May and July, 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 August and September, when the average rate fell by 0.0065 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 0.2022) against the same month in 2013 (average: 0.1895), the exchange rate shifted by +0.0127 (+6.70%).

2014 Avg (June) 0.2022

2013 Avg (June) 0.1895

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1986	0.1917	0.1943
February	0.1927	0.1913	0.1920
March	0.1924	0.1882	0.1905
April	0.1896	0.1884	0.1889
May	0.2013	0.1856	0.1884
June	0.2043	0.2010	0.2022
July	0.2041	0.2015	0.2028
August	0.2023	0.1991	0.2009
September	0.1988	0.1908	0.1944
October	0.1952	0.1895	0.1931
November	0.1927	0.1878	0.1897
December	0.1886	0.1820	0.1854