2012 BIF to HNL Historical Review

YEARLY HIGH

0.0149 HNL

YEARLY LOW

0.0129 HNL

YEARLY AVERAGE

0.0138 HNL

2012 BIF to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BIF to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 0.0149. Conversely, the yearly low was recorded on December 30, dropping to 0.0129.

This high-to-low spread represents a total annual volatility of 0.0020 HNL. From a start-to-finish perspective, comparing the January average rate of 0.0147 to the December average rate of 0.0130, the exchange rate registered a net change of -11.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0149 was down 11.40% compared to the 2011 peak of 0.0168, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74 HNL

2011 Average 78 HNL

Yearly Trough Low 64 HNL

Transaction Impact: A difference of 9.87 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0149

0.0128

JanuMarcMayJulySeptNove

BIF 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 0.0143, compared to 0.0133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0143

H2 Avg (Jul–Dec) 0.0133

Volatility Range Comparison

Volatility

The most volatile month in 2012 was April, with a trading range of 0.0011 HNL (High: 0.0149 / Low: 0.0138). On the other end, October was the most stable month, with a tight range of 0.0002 HNL (High: 0.0134 / Low: 0.0132).

April Spread (Volatile) ±0.0011

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2012. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2012: 0.0145) against the same month in 2011 (average: 0.0156), the exchange rate shifted by -0.0011 (-6.92%).

2012 Avg (April) 0.0145

2011 Avg (April) 0.0156

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0148	0.0144	0.0147
February	0.0148	0.0146	0.0147
March	0.0149	0.0146	0.0147
April	0.0149	0.0138	0.0145
May	0.0140	0.0135	0.0137
June	0.0137	0.0134	0.0136
July	0.0136	0.0131	0.0134
August	0.0136	0.0132	0.0135
September	0.0137	0.0133	0.0135
October	0.0134	0.0132	0.0133
November	0.0135	0.0130	0.0132
December	0.0133	0.0129	0.0130