2014 GMD to HNL Historical Review

YEARLY HIGH

0.5374 HNL

YEARLY LOW

0.4793 HNL

YEARLY AVERAGE

0.5119 HNL

2014 GMD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GMD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.5374. Conversely, the yearly low was recorded on May 24, dropping to 0.4793.

This high-to-low spread represents a total annual volatility of 0.0581 HNL. From a start-to-finish perspective, comparing the January average rate of 0.5266 to the December average rate of 0.4892, the exchange rate registered a net change of -7.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5374 was down 14.58% compared to the 2013 peak of 0.6291, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,687 HNL

2013 Average 2,973 HNL

Yearly Trough Low 2,396 HNL

Transaction Impact: A difference of 290.52 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5369

0.4794

JanuMarcMayJulySeptNove

GMD 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 0.5088, compared to 0.5150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.5088

H2 Avg (Jul–Dec) 0.5150

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0451 HNL (High: 0.5374 / Low: 0.4923). On the other end, December was the most stable month, with a tight range of 0.0052 HNL (High: 0.4919 / Low: 0.4867).

October Spread (Volatile) ±0.0451

December Spread (Stable) ±0.0052

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 October and November, when the average rate fell by 0.0261 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.5186) against the same month in 2013 (average: 0.6254), the exchange rate shifted by -0.1068 (-17.08%).

2014 Avg (October) 0.5186

2013 Avg (October) 0.6254

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5339	0.5224	0.5266
February	0.5235	0.5119	0.5175
March	0.5135	0.5016	0.5070
April	0.5045	0.4822	0.4927
May	0.5226	0.4793	0.4842
June	0.5274	0.5212	0.5248
July	0.5328	0.5268	0.5288
August	0.5324	0.5266	0.5287
September	0.5354	0.5273	0.5321
October	0.5374	0.4923	0.5186
November	0.4948	0.4893	0.4924
December	0.4919	0.4867	0.4892