2016 HNL to BBD Historical Review

YEARLY HIGH

0.0897 BBD

YEARLY LOW

0.0852 BBD

YEARLY AVERAGE

0.0879 BBD

2016 HNL to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HNL to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0897. Conversely, the yearly low was recorded on December 16, dropping to 0.0852.

This high-to-low spread represents a total annual volatility of 0.0045 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0892 to the December average rate of 0.0859, the exchange rate registered a net change of -3.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0897 was down 5.88% compared to the 2015 peak of 0.0954, 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 449 BBD

2015 Average 461 BBD

Yearly Trough Low 426 BBD

Transaction Impact: A difference of 22.69 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0895

0.0855

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 0.0886, compared to 0.0872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0886

H2 Avg (Jul–Dec) 0.0872

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0018 BBD (High: 0.0880 / Low: 0.0861). On the other end, April was the most stable month, with a tight range of 0.0003 BBD (High: 0.0888 / Low: 0.0885).

November Spread (Volatile) ±0.0018

April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0892) against the same month in 2015 (average: 0.0950), the exchange rate shifted by -0.0058 (-6.10%).

2016 Avg (January) 0.0892

2015 Avg (January) 0.0950

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0897	0.0886	0.0892
February	0.0892	0.0882	0.0886
March	0.0887	0.0882	0.0885
April	0.0888	0.0885	0.0886
May	0.0887	0.0883	0.0885
June	0.0884	0.0878	0.0881
July	0.0883	0.0873	0.0878
August	0.0879	0.0872	0.0875
September	0.0879	0.0873	0.0875
October	0.0881	0.0871	0.0875
November	0.0880	0.0861	0.0868
December	0.0864	0.0852	0.0859