2014 BTN to HNL Historical Review

YEARLY HIGH

0.3526 HNL

YEARLY LOW

0.3129 HNL

YEARLY AVERAGE

0.3346 HNL

2014 BTN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BTN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.3526. Conversely, the yearly low was recorded on April 24, dropping to 0.3129.

This high-to-low spread represents a total annual volatility of 0.0396 HNL. From a start-to-finish perspective, comparing the January average rate of 0.3231 to the December average rate of 0.3361, the exchange rate registered a net change of 4.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3526 was down 6.31% compared to the 2013 peak of 0.3763, 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 1,763 HNL

2013 Average 1,721 HNL

Yearly Trough Low 1,565 HNL

Transaction Impact: A difference of 198.23 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3521

0.3139

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 0.3245, compared to 0.3446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0200 points.

H1 Avg (Jan–Jun) 0.3245

H2 Avg (Jul–Dec) 0.3446

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0343 HNL (High: 0.3505 / Low: 0.3162). On the other end, February was the most stable month, with a tight range of 0.0034 HNL (High: 0.3188 / Low: 0.3154).

May Spread (Volatile) ±0.0343

February Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between March and July, 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 November and December, when the average rate fell by 0.0081 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 0.3488) against the same month in 2013 (average: 0.3485), the exchange rate shifted by +0.0003 (+0.09%).

2014 Avg (June) 0.3488

2013 Avg (June) 0.3485

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3277	0.3162	0.3231
February	0.3188	0.3154	0.3173
March	0.3214	0.3144	0.3170
April	0.3212	0.3129	0.3174
May	0.3505	0.3162	0.3236
June	0.3526	0.3447	0.3488
July	0.3509	0.3460	0.3490
August	0.3490	0.3410	0.3452
September	0.3506	0.3421	0.3469
October	0.3485	0.3419	0.3460
November	0.3471	0.3417	0.3442
December	0.3434	0.3303	0.3361