2016 BIF to HNL Historical Review

YEARLY HIGH

0.0146 HNL

YEARLY LOW

0.0134 HNL

YEARLY AVERAGE

0.0141 HNL

2016 BIF to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BIF to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0146. Conversely, the yearly low was recorded on June 25, dropping to 0.0134.

This high-to-low spread represents a total annual volatility of 0.0012 HNL. From a start-to-finish perspective, comparing the January average rate of 0.0144 to the December average rate of 0.0139, the exchange rate registered a net change of -3.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0146 was up 2.03% compared to the 2015 peak of 0.0143, 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 73 HNL

2015 Average 69 HNL

Yearly Trough Low 67 HNL

Transaction Impact: A difference of 5.97 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0146

0.0136

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 0.0144, compared to 0.0138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0144

H2 Avg (Jul–Dec) 0.0138

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0012 HNL (High: 0.0146 / Low: 0.0134). On the other end, August was the most stable month, with a tight range of 0.0002 HNL (High: 0.0138 / Low: 0.0137).

June Spread (Volatile) ±0.0012

August Spread (Stable) ±0.0002

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 June and July, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 0.0145) against the same month in 2015 (average: 0.0138), the exchange rate shifted by +0.0008 (+5.56%).

2016 Avg (April) 0.0145

2015 Avg (April) 0.0138

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0145	0.0143	0.0144
February	0.0146	0.0144	0.0145
March	0.0146	0.0144	0.0145
April	0.0146	0.0144	0.0145
May	0.0146	0.0144	0.0145
June	0.0146	0.0134	0.0142
July	0.0138	0.0137	0.0137
August	0.0138	0.0137	0.0138
September	0.0138	0.0136	0.0137
October	0.0138	0.0136	0.0137
November	0.0139	0.0136	0.0138
December	0.0140	0.0138	0.0139