2012 BTN to HNL Historical Review

YEARLY HIGH

0.3964 HNL

YEARLY LOW

0.3336 HNL

YEARLY AVERAGE

0.3672 HNL

2012 BTN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BTN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.3964. Conversely, the yearly low was recorded on June 27, dropping to 0.3336.

This high-to-low spread represents a total annual volatility of 0.0628 HNL. From a start-to-finish perspective, comparing the January average rate of 0.3721 to the December average rate of 0.3630, the exchange rate registered a net change of -2.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.3964 was down 7.73% compared to the 2011 peak of 0.4296, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,982 HNL

2011 Average 2,033 HNL

Yearly Trough Low 1,668 HNL

Transaction Impact: A difference of 314.06 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.3916

0.3358

JanuMarcMayJulySeptNove

BTN 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 0.3663, compared to 0.3681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.3663

H2 Avg (Jul–Dec) 0.3681

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0349 HNL (High: 0.3765 / Low: 0.3416). On the other end, December was the most stable month, with a tight range of 0.0054 HNL (High: 0.3660 / Low: 0.3607).

July Spread (Volatile) ±0.0349

December Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0180 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2012: 0.3717) against the same month in 2011 (average: 0.3847), the exchange rate shifted by -0.0129 (-3.36%).

2012 Avg (October) 0.3717

2011 Avg (October) 0.3847

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3866	0.3566	0.3721
February	0.3915	0.3803	0.3870
March	0.3851	0.3715	0.3787
April	0.3761	0.3616	0.3687
May	0.3618	0.3394	0.3507
June	0.3463	0.3336	0.3405
July	0.3765	0.3416	0.3572
August	0.3811	0.3696	0.3783
September	0.3935	0.3616	0.3779
October	0.3964	0.3646	0.3717
November	0.3676	0.3550	0.3608
December	0.3660	0.3607	0.3630