2014 HNL to BSD Historical Review

YEARLY HIGH

0.0524 BSD

YEARLY LOW

0.0469 BSD

YEARLY AVERAGE

0.0491 BSD

2014 HNL to BSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to BSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0524. Conversely, the yearly low was recorded on November 3, dropping to 0.0469.

This high-to-low spread represents a total annual volatility of 0.0056 BSD. From a start-to-finish perspective, comparing the January average rate of 0.0499 to the December average rate of 0.0474, 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 0.0524 was down 0.58% compared to the 2013 peak of 0.0527, 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 262 BSD

2013 Average 249 BSD

Yearly Trough Low 234 BSD

Transaction Impact: A difference of 27.75 BSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0527

0.0466

JanuMarcMayJulySeptNove

HNL to BSD 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 0.0508, compared to 0.0474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0508

H2 Avg (Jul–Dec) 0.0474

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0041 BSD (High: 0.0524 / Low: 0.0483). On the other end, July was the most stable month, with a tight range of 0.0001 BSD (High: 0.0478 / Low: 0.0477).

May Spread (Volatile) ±0.0041

July Spread (Stable) ±0.0001

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 0.0041 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0521) against the same month in 2013 (average: 0.0517), the exchange rate shifted by +0.0004 (+0.78%).

2014 Avg (May) 0.0521

2013 Avg (May) 0.0517

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0502	0.0493	0.0499
February	0.0511	0.0501	0.0506
March	0.0521	0.0512	0.0517
April	0.0523	0.0520	0.0522
May	0.0524	0.0483	0.0521
June	0.0484	0.0477	0.0480
July	0.0478	0.0477	0.0477
August	0.0479	0.0473	0.0476
September	0.0475	0.0472	0.0474
October	0.0474	0.0469	0.0471
November	0.0473	0.0469	0.0471
December	0.0476	0.0472	0.0474