2014 BWP to HNL Historical Review

YEARLY HIGH

2.3868 HNL

YEARLY LOW

2.1540 HNL

YEARLY AVERAGE

2.2738 HNL

2014 BWP to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BWP to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 2.3868. Conversely, the yearly low was recorded on March 20, dropping to 2.1540.

This high-to-low spread represents a total annual volatility of 0.2328 HNL. From a start-to-finish perspective, comparing the January average rate of 2.2468 to the December average rate of 2.2307, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.3868 was down 6.68% compared to the 2013 peak of 2.5576, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,934 HNL

2013 Average 11,966 HNL

Yearly Trough Low 10,770 HNL

Transaction Impact: A difference of 1,163.79 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.3895

2.1666

JanuMarcMayJulySeptNove

BWP 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 2.2300, compared to 2.3177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0877 points.

H1 Avg (Jan–Jun) 2.2300

H2 Avg (Jul–Dec) 2.3177

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.1908 HNL (High: 2.3725 / Low: 2.1817). On the other end, July was the most stable month, with a tight range of 0.0269 HNL (High: 2.3837 / Low: 2.3569).

May Spread (Volatile) ±0.1908

July Spread (Stable) ±0.0269

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 0.0701 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0701

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 2.3667) against the same month in 2013 (average: 2.3722), the exchange rate shifted by -0.0054 (-0.23%).

2014 Avg (August) 2.3667

2013 Avg (August) 2.3722

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3275	2.1799	2.2468
February	2.2167	2.1813	2.1979
March	2.2124	2.1540	2.1852
April	2.2072	2.1718	2.1854
May	2.3725	2.1817	2.2067
June	2.3852	2.3269	2.3579
July	2.3837	2.3569	2.3709
August	2.3868	2.3476	2.3667
September	2.3697	2.2826	2.3211
October	2.3404	2.2732	2.3157
November	2.3328	2.2808	2.3008
December	2.2984	2.2018	2.2307