2014 HNL to BBD Historical Review

YEARLY HIGH

0.1048 BBD

YEARLY LOW

0.0937 BBD

YEARLY AVERAGE

0.0981 BBD

2014 HNL to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.1048. Conversely, the yearly low was recorded on November 3, dropping to 0.0937.

This high-to-low spread represents a total annual volatility of 0.0111 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0997 to the December average rate of 0.0948, the exchange rate registered a net change of -4.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1048 was down 0.58% compared to the 2013 peak of 0.1055, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 524 BBD

2013 Average 498 BBD

Yearly Trough Low 469 BBD

Transaction Impact: A difference of 55.50 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1054

0.0931

JanuMarcMayJulySeptNove

HNL to BBD 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 0.1015, compared to 0.0948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.1015

H2 Avg (Jul–Dec) 0.0948

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0082 BBD (High: 0.1048 / Low: 0.0966). On the other end, July was the most stable month, with a tight range of 0.0002 BBD (High: 0.0956 / Low: 0.0954).

May Spread (Volatile) ±0.0082

July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0082 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.1042) against the same month in 2013 (average: 0.1034), the exchange rate shifted by +0.0008 (+0.78%).

2014 Avg (May) 0.1042

2013 Avg (May) 0.1034

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1005	0.0987	0.0997
February	0.1023	0.1002	0.1013
March	0.1042	0.1024	0.1034
April	0.1047	0.1040	0.1044
May	0.1048	0.0966	0.1042
June	0.0967	0.0954	0.0960
July	0.0956	0.0954	0.0954
August	0.0957	0.0946	0.0952
September	0.0950	0.0944	0.0948
October	0.0949	0.0939	0.0942
November	0.0945	0.0937	0.0942
December	0.0951	0.0943	0.0948