2016 BND to HNL Historical Review

YEARLY HIGH

17.0373 HNL

YEARLY LOW

15.5546 HNL

YEARLY AVERAGE

16.4955 HNL

2016 BND to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BND to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 17.0373. Conversely, the yearly low was recorded on January 9, dropping to 15.5546.

This high-to-low spread represents a total annual volatility of 1.4827 HNL. From a start-to-finish perspective, comparing the January average rate of 15.6711 to the December average rate of 16.2405, the exchange rate registered a net change of 3.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 17.0373 was up 2.56% compared to the 2015 peak of 16.6116, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85,187 HNL

2015 Average 78,961 HNL

Yearly Trough Low 77,773 HNL

Transaction Impact: A difference of 7,413.43 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

17.0915

15.5420

JanuMarcMayJulySeptNove

BND 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 16.3660, compared to 16.6251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2591 points.

H1 Avg (Jan–Jun) 16.3660

H2 Avg (Jul–Dec) 16.6251

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.5837 HNL (High: 16.7181 / Low: 16.1344). On the other end, July was the most stable month, with a tight range of 0.2039 HNL (High: 16.9693 / Low: 16.7654).

March Spread (Volatile) ±0.5837

July Spread (Stable) ±0.2039

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 0.2774 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2774

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 16.9624) against the same month in 2015 (average: 15.6853), the exchange rate shifted by +1.2771 (+8.14%).

2016 Avg (August) 16.9624

2015 Avg (August) 15.6853

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.8043	15.5546	15.6711
February	16.2258	15.7682	16.0739
March	16.7181	16.1344	16.4836
April	16.8069	16.5787	16.7199
May	16.8283	16.3487	16.4956
June	16.9769	16.4201	16.7519
July	16.9693	16.7654	16.8729
August	17.0373	16.7915	16.9624
September	16.9621	16.6887	16.8111
October	16.8144	16.3445	16.5337
November	16.7300	16.1826	16.3299
December	16.3736	16.0139	16.2405