2014 HNL to BRL Historical Review

YEARLY HIGH

0.1293 BRL

YEARLY LOW

0.1048 BRL

YEARLY AVERAGE

0.1154 BRL

2014 HNL to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.1293. Conversely, the yearly low was recorded on June 29, dropping to 0.1048.

This high-to-low spread represents a total annual volatility of 0.0244 BRL. From a start-to-finish perspective, comparing the January average rate of 0.1186 to the December average rate of 0.1254, the exchange rate registered a net change of 5.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1293 was up 8.18% compared to the 2013 peak of 0.1195, 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 646 BRL

2013 Average 537 BRL

Yearly Trough Low 524 BRL

Transaction Impact: A difference of 122.20 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1274

0.1042

JanuMarcMayJulySeptNove

HNL to BRL 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 0.1165, compared to 0.1142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1165

H2 Avg (Jul–Dec) 0.1142

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0099 BRL (High: 0.1157 / Low: 0.1058). On the other end, July was the most stable month, with a tight range of 0.0029 BRL (High: 0.1080 / Low: 0.1051).

September Spread (Volatile) ±0.0099

July Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0085 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1254) against the same month in 2013 (average: 0.1150), the exchange rate shifted by +0.0105 (+9.12%).

2014 Avg (December) 0.1254

2013 Avg (December) 0.1150

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1223	0.1166	0.1186
February	0.1223	0.1188	0.1207
March	0.1220	0.1177	0.1203
April	0.1184	0.1145	0.1166
May	0.1171	0.1082	0.1157
June	0.1102	0.1048	0.1072
July	0.1080	0.1051	0.1061
August	0.1095	0.1059	0.1079
September	0.1157	0.1058	0.1106
October	0.1179	0.1124	0.1153
November	0.1229	0.1161	0.1200
December	0.1293	0.1206	0.1254