2015 BIF to HNL Historical Review

YEARLY HIGH

0.0143 HNL

YEARLY LOW

0.0133 HNL

YEARLY AVERAGE

0.0139 HNL

2015 BIF to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BIF to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0143. Conversely, the yearly low was recorded on July 20, dropping to 0.0133.

This high-to-low spread represents a total annual volatility of 0.0010 HNL. From a start-to-finish perspective, comparing the January average rate of 0.0134 to the December average rate of 0.0141, the exchange rate registered a net change of 4.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0143 was up 3.87% compared to the 2014 peak of 0.0138, 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 72 HNL

2014 Average 66 HNL

Yearly Trough Low 67 HNL

Transaction Impact: A difference of 5.17 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0142

0.0134

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 0.0137, compared to 0.0140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0137

H2 Avg (Jul–Dec) 0.0140

Volatility Range Comparison

Volatility

The most volatile month in 2015 was July, with a trading range of 0.0008 HNL (High: 0.0141 / Low: 0.0133). On the other end, May was the most stable month, with a tight range of 0.0002 HNL (High: 0.0141 / Low: 0.0139).

July Spread (Volatile) ±0.0008

May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.0141) against the same month in 2014 (average: 0.0135), the exchange rate shifted by +0.0006 (+4.42%).

2015 Avg (December) 0.0141

2014 Avg (December) 0.0135

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0136	0.0133	0.0134
February	0.0136	0.0134	0.0135
March	0.0138	0.0134	0.0136
April	0.0141	0.0136	0.0138
May	0.0141	0.0139	0.0140
June	0.0140	0.0137	0.0139
July	0.0141	0.0133	0.0136
August	0.0142	0.0140	0.0141
September	0.0142	0.0139	0.0141
October	0.0142	0.0140	0.0141
November	0.0142	0.0140	0.0141
December	0.0143	0.0139	0.0141