2014 BBD to HNL Historical Review

YEARLY HIGH

10.6673 HNL

YEARLY LOW

9.5379 HNL

YEARLY AVERAGE

10.2068 HNL

2014 BBD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BBD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 10.6673. Conversely, the yearly low was recorded on May 1, dropping to 9.5379.

This high-to-low spread represents a total annual volatility of 1.1294 HNL. From a start-to-finish perspective, comparing the January average rate of 10.0289 to the December average rate of 10.5463, the exchange rate registered a net change of 5.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 10.6673 was up 3.89% compared to the 2013 peak of 10.2675, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,337 HNL

2013 Average 50,214 HNL

Yearly Trough Low 47,689 HNL

Transaction Impact: A difference of 5,647.22 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

10.7231

9.4727

JanuMarcMayJulySeptNove

BBD 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 9.8606, compared to 10.5530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6924 points.

H1 Avg (Jan–Jun) 9.8606

H2 Avg (Jul–Dec) 10.5530

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.8101 HNL (High: 10.3480 / Low: 9.5379). On the other end, July was the most stable month, with a tight range of 0.0261 HNL (High: 10.4872 / Low: 10.4611).

May Spread (Volatile) ±0.8101

July Spread (Stable) ±0.0261

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2057 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.2057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 10.6189) against the same month in 2013 (average: 10.2261), the exchange rate shifted by +0.3928 (+3.84%).

2014 Avg (November) 10.6189

2013 Avg (November) 10.2261

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.1347	9.9511	10.0289
February	9.9787	9.7782	9.8726
March	9.7702	9.6009	9.6669
April	9.6169	9.5515	9.5769
May	10.3480	9.5379	9.6031
June	10.4789	10.3386	10.4148
July	10.4872	10.4611	10.4776
August	10.5750	10.4449	10.5036
September	10.5961	10.5217	10.5527
October	10.6540	10.5406	10.6188
November	10.6673	10.5798	10.6189
December	10.6038	10.5126	10.5463