2014 DJF to HNL Historical Review

YEARLY HIGH

0.1197 HNL

YEARLY LOW

0.1064 HNL

YEARLY AVERAGE

0.1144 HNL

2014 DJF to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DJF to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.1197. Conversely, the yearly low was recorded on May 1, dropping to 0.1064.

This high-to-low spread represents a total annual volatility of 0.0133 HNL. From a start-to-finish perspective, comparing the January average rate of 0.1127 to the December average rate of 0.1183, the exchange rate registered a net change of 4.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1197 was up 3.36% compared to the 2013 peak of 0.1158, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 598 HNL

2013 Average 566 HNL

Yearly Trough Low 532 HNL

Transaction Impact: A difference of 66.40 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1201

0.1061

JanuMarcMayJulySeptNove

DJF 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 0.1106, compared to 0.1182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.1106

H2 Avg (Jul–Dec) 0.1182

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0097 HNL (High: 0.1161 / Low: 0.1064). On the other end, July was the most stable month, with a tight range of 0.0012 HNL (High: 0.1177 / Low: 0.1166).

May Spread (Volatile) ±0.0097

July Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0023 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.1189) against the same month in 2013 (average: 0.1153), the exchange rate shifted by +0.0037 (+3.17%).

2014 Avg (October) 0.1189

2013 Avg (October) 0.1153

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1138	0.1115	0.1127
February	0.1121	0.1095	0.1109
March	0.1099	0.1076	0.1086
April	0.1084	0.1065	0.1072
May	0.1161	0.1064	0.1074
June	0.1177	0.1153	0.1166
July	0.1177	0.1166	0.1172
August	0.1185	0.1165	0.1175
September	0.1191	0.1177	0.1182
October	0.1197	0.1180	0.1189
November	0.1196	0.1183	0.1189
December	0.1191	0.1177	0.1183