2014 BAM to HNL Historical Review

YEARLY HIGH

14.6438 HNL

YEARLY LOW

13.0247 HNL

YEARLY AVERAGE

13.8445 HNL

2014 BAM to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BAM to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 14.6438. Conversely, the yearly low was recorded on December 31, dropping to 13.0247.

This high-to-low spread represents a total annual volatility of 1.6191 HNL. From a start-to-finish perspective, comparing the January average rate of 13.9637 to the December average rate of 13.2699, the exchange rate registered a net change of -4.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 14.6438 was up 1.59% compared to the 2013 peak of 14.4139, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 73,219 HNL

2013 Average 68,180 HNL

Yearly Trough Low 65,123 HNL

Transaction Impact: A difference of 8,095.62 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

14.6287

13.1464

JanuMarcMayJulySeptNove

BAM 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 13.8122, compared to 13.8769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0647 points.

H1 Avg (Jan–Jun) 13.8122

H2 Avg (Jul–Dec) 13.8769

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 1.1289 HNL (High: 14.4110 / Low: 13.2821). On the other end, February was the most stable month, with a tight range of 0.1253 HNL (High: 13.8429 / Low: 13.7176).

May Spread (Volatile) ±1.1289

February Spread (Stable) ±0.1253

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 0.3943 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3943

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 14.4778) against the same month in 2013 (average: 13.6503), the exchange rate shifted by +0.8275 (+6.06%).

2014 Avg (June) 14.4778

2013 Avg (June) 13.6503

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.2570	13.7613	13.9637
February	13.8429	13.7176	13.7782
March	13.7995	13.4947	13.6584
April	13.5846	13.4549	13.5151
May	14.4110	13.2821	13.4797
June	14.6438	14.3745	14.4778
July	14.6435	14.3173	14.5052
August	14.3943	14.1707	14.2967
September	14.1562	13.6397	13.9024
October	13.8988	13.5250	13.7510
November	13.6357	13.4121	13.5361
December	13.5128	13.0247	13.2699