2015 CDF to HNL Historical Review

YEARLY HIGH

0.0241 HNL

YEARLY LOW

0.0226 HNL

YEARLY AVERAGE

0.0234 HNL

2015 CDF to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CDF to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0241. Conversely, the yearly low was recorded on January 7, dropping to 0.0226.

This high-to-low spread represents a total annual volatility of 0.0016 HNL. From a start-to-finish perspective, comparing the January average rate of 0.0227 to the December average rate of 0.0236, the exchange rate registered a net change of 3.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0241 was up 4.60% compared to the 2014 peak of 0.0231, 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 121 HNL

2014 Average 111 HNL

Yearly Trough Low 113 HNL

Transaction Impact: A difference of 7.76 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0238

0.0226

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 0.0232, compared to 0.0236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0232

H2 Avg (Jul–Dec) 0.0236

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0009 HNL (High: 0.0235 / Low: 0.0226). On the other end, September was the most stable month, with a tight range of 0.0001 HNL (High: 0.0236 / Low: 0.0235).

March Spread (Volatile) ±0.0009

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.0236) against the same month in 2014 (average: 0.0228), the exchange rate shifted by +0.0008 (+3.68%).

2015 Avg (December) 0.0236

2014 Avg (December) 0.0228

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0230	0.0226	0.0227
February	0.0231	0.0226	0.0228
March	0.0235	0.0226	0.0231
April	0.0238	0.0230	0.0233
May	0.0238	0.0236	0.0237
June	0.0238	0.0234	0.0236
July	0.0238	0.0235	0.0236
August	0.0238	0.0236	0.0237
September	0.0236	0.0235	0.0236
October	0.0238	0.0235	0.0237
November	0.0238	0.0236	0.0237
December	0.0241	0.0234	0.0236