2016 BGN to HNL Historical Review

YEARLY HIGH

13.2960 HNL

YEARLY LOW

12.3065 HNL

YEARLY AVERAGE

12.8815 HNL

2016 BGN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 13.2960. Conversely, the yearly low was recorded on January 5, dropping to 12.3065.

This high-to-low spread represents a total annual volatility of 0.9895 HNL. From a start-to-finish perspective, comparing the January average rate of 12.4613 to the December average rate of 12.5674, the exchange rate registered a net change of 0.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 13.2960 was up 1.93% compared to the 2015 peak of 13.0437, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,480 HNL

2015 Average 61,569 HNL

Yearly Trough Low 61,532 HNL

Transaction Impact: A difference of 4,947.50 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

13.1583

12.3980

JanuMarcMayJulySeptNove

BGN 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 12.8878, compared to 12.8753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 12.8878

H2 Avg (Jul–Dec) 12.8753

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.5554 HNL (High: 13.0546 / Low: 12.4992). On the other end, September was the most stable month, with a tight range of 0.1518 HNL (High: 13.1725 / Low: 13.0207).

November Spread (Volatile) ±0.5554

September Spread (Stable) ±0.1518

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 0.1964 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1964

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 13.0472) against the same month in 2015 (average: 12.5208), the exchange rate shifted by +0.5264 (+4.20%).

2016 Avg (May) 13.0472

2015 Avg (May) 12.5208

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.5666	12.3065	12.4613
February	13.0530	12.5019	12.8153
March	13.1278	12.5809	12.8712
April	13.1887	12.9544	13.0844
May	13.2960	12.8544	13.0472
June	13.2386	12.8051	13.0472
July	12.9793	12.8033	12.8918
August	13.2489	12.9676	13.0949
September	13.1725	13.0207	13.0922
October	13.1497	12.6856	12.8958
November	13.0546	12.4992	12.7095
December	12.7507	12.4332	12.5674