2014 CVE to HNL Historical Review

YEARLY HIGH

0.2612 HNL

YEARLY LOW

0.2320 HNL

YEARLY AVERAGE

0.2467 HNL

2014 CVE to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CVE to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 0.2612. Conversely, the yearly low was recorded on December 31, dropping to 0.2320.

This high-to-low spread represents a total annual volatility of 0.0293 HNL. From a start-to-finish perspective, comparing the January average rate of 0.2485 to the December average rate of 0.2363, the exchange rate registered a net change of -4.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2612 was up 1.69% compared to the 2013 peak of 0.2569, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,306 HNL

2013 Average 1,212 HNL

Yearly Trough Low 1,160 HNL

Transaction Impact: A difference of 146.42 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2609

0.2341

JanuMarcMayJulySeptNove

CVE 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 0.2462, compared to 0.2473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.2462

H2 Avg (Jul–Dec) 0.2473

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0200 HNL (High: 0.2568 / Low: 0.2367). On the other end, April was the most stable month, with a tight range of 0.0026 HNL (High: 0.2421 / Low: 0.2395).

May Spread (Volatile) ±0.0200

April Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between May and July, 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 August and September, when the average rate fell by 0.0075 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 0.2587) against the same month in 2013 (average: 0.2406), the exchange rate shifted by +0.0181 (+7.54%).

2014 Avg (July) 0.2587

2013 Avg (July) 0.2406

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2540	0.2454	0.2485
February	0.2472	0.2444	0.2457
March	0.2460	0.2398	0.2436
April	0.2421	0.2395	0.2409
May	0.2568	0.2367	0.2403
June	0.2611	0.2563	0.2580
July	0.2612	0.2552	0.2587
August	0.2569	0.2529	0.2550
September	0.2525	0.2433	0.2476
October	0.2482	0.2409	0.2451
November	0.2444	0.2402	0.2413
December	0.2404	0.2320	0.2363