2017 BIF to HNL Historical Review

YEARLY HIGH

0.0141 HNL

YEARLY LOW

0.0133 HNL

YEARLY AVERAGE

0.0136 HNL

2017 BIF to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BIF to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.0141. Conversely, the yearly low was recorded on October 26, dropping to 0.0133.

This high-to-low spread represents a total annual volatility of 0.0008 HNL. From a start-to-finish perspective, comparing the January average rate of 0.0139 to the December average rate of 0.0134, the exchange rate registered a net change of -3.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0141 was down 3.49% compared to the 2016 peak of 0.0146, 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 71 HNL

2016 Average 70 HNL

Yearly Trough Low 66 HNL

Transaction Impact: A difference of 4.19 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0140

0.0133

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 0.0138, compared to 0.0135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0138

H2 Avg (Jul–Dec) 0.0135

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0005 HNL (High: 0.0141 / Low: 0.0136). On the other end, June was the most stable month, with a tight range of 0.0001 HNL (High: 0.0136 / Low: 0.0135).

January Spread (Volatile) ±0.0005

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0139) against the same month in 2016 (average: 0.0144), the exchange rate shifted by -0.0005 (-3.25%).

2017 Avg (January) 0.0139

2016 Avg (January) 0.0144

Monthly Breakdown

Statistical summary for each calendar month.

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