2016 ETB to HNL Historical Review

YEARLY HIGH

1.0618 HNL

YEARLY LOW

1.0228 HNL

YEARLY AVERAGE

1.0426 HNL

2016 ETB to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 1.0618. Conversely, the yearly low was recorded on November 1, dropping to 1.0228.

This high-to-low spread represents a total annual volatility of 0.0391 HNL. From a start-to-finish perspective, comparing the January average rate of 1.0558 to the December average rate of 1.0415, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0618 was down 1.01% compared to the 2015 peak of 1.0727, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,309 HNL

2015 Average 5,244 HNL

Yearly Trough Low 5,114 HNL

Transaction Impact: A difference of 195.35 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0618

1.0269

JanuMarcMayJulySeptNove

ETB 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 1.0502, compared to 1.0351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 1.0502

H2 Avg (Jul–Dec) 1.0351

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0188 HNL (High: 1.0541 / Low: 1.0353). On the other end, August was the most stable month, with a tight range of 0.0063 HNL (High: 1.0392 / Low: 1.0328).

December Spread (Volatile) ±0.0188

August Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between October and December, 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 March and April, when the average rate fell by 0.0100 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 1.0589) against the same month in 2015 (average: 1.0406), the exchange rate shifted by +0.0182 (+1.75%).

2016 Avg (February) 1.0589

2015 Avg (February) 1.0406

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0600	1.0500	1.0558
February	1.0618	1.0551	1.0589
March	1.0598	1.0499	1.0570
April	1.0514	1.0431	1.0470
May	1.0475	1.0331	1.0416
June	1.0448	1.0369	1.0407
July	1.0436	1.0284	1.0375
August	1.0392	1.0328	1.0359
September	1.0382	1.0289	1.0336
October	1.0342	1.0240	1.0298
November	1.0384	1.0228	1.0321
December	1.0541	1.0353	1.0415