2014 CDF to HNL Historical Review

YEARLY HIGH

0.0231 HNL

YEARLY LOW

0.0207 HNL

YEARLY AVERAGE

0.0221 HNL

2014 CDF to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CDF to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 0.0231. Conversely, the yearly low was recorded on May 8, dropping to 0.0207.

This high-to-low spread represents a total annual volatility of 0.0024 HNL. From a start-to-finish perspective, comparing the January average rate of 0.0217 to the December average rate of 0.0228, the exchange rate registered a net change of 4.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0231 was up 3.54% compared to the 2013 peak of 0.0223, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 115 HNL

2013 Average 109 HNL

Yearly Trough Low 103 HNL

Transaction Impact: A difference of 12.08 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0232

0.0205

JanuMarcMayJulySeptNove

CDF 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 0.0214, compared to 0.0228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0214

H2 Avg (Jul–Dec) 0.0228

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0017 HNL (High: 0.0224 / Low: 0.0207). On the other end, September was the most stable month, with a tight range of 0.0001 HNL (High: 0.0229 / Low: 0.0228).

May Spread (Volatile) ±0.0017

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0005 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.0230) against the same month in 2013 (average: 0.0221), the exchange rate shifted by +0.0009 (+3.97%).

2014 Avg (October) 0.0230

2013 Avg (October) 0.0221

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0220	0.0215	0.0217
February	0.0216	0.0212	0.0214
March	0.0212	0.0208	0.0210
April	0.0209	0.0207	0.0208
May	0.0224	0.0207	0.0208
June	0.0228	0.0224	0.0226
July	0.0228	0.0226	0.0227
August	0.0229	0.0226	0.0228
September	0.0229	0.0228	0.0228
October	0.0231	0.0228	0.0230
November	0.0231	0.0229	0.0229
December	0.0229	0.0227	0.0228