2012 HNL to BTN Historical Review

YEARLY HIGH

2.9976 BTN

YEARLY LOW

2.5226 BTN

YEARLY AVERAGE

2.7274 BTN

2012 HNL to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the HNL to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 27, valuing the pair at 2.9976. Conversely, the yearly low was recorded on October 6, dropping to 2.5226.

This high-to-low spread represents a total annual volatility of 0.4750 BTN. From a start-to-finish perspective, comparing the January average rate of 2.6890 to the December average rate of 2.7549, the exchange rate registered a net change of 2.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.9976 was up 5.95% compared to the 2011 peak of 2.8293, 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 14,988 BTN

2011 Average 12,333 BTN

Yearly Trough Low 12,613 BTN

Transaction Impact: A difference of 2,374.92 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.9728

2.5489

JanuMarcMayJulySeptNove

HNL to BTN 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 2.7361, compared to 2.7187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0174 points.

H1 Avg (Jan–Jun) 2.7361

H2 Avg (Jul–Dec) 2.7187

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.2716 BTN (High: 2.9277 / Low: 2.6561). On the other end, December was the most stable month, with a tight range of 0.0409 BTN (High: 2.7728 / Low: 2.7319).

July Spread (Volatile) ±0.2716

December Spread (Stable) ±0.0409

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1598 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1598

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2012: 2.9375) against the same month in 2011 (average: 2.3706), the exchange rate shifted by +0.5668 (+23.91%).

2012 Avg (June) 2.9375

2011 Avg (June) 2.3706

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8041	2.5870	2.6890
February	2.6297	2.5543	2.5842
March	2.6919	2.5968	2.6410
April	2.7653	2.6590	2.7125
May	2.9463	2.7643	2.8526
June	2.9976	2.8880	2.9375
July	2.9277	2.6561	2.8034
August	2.7056	2.6243	2.6436
September	2.7655	2.5413	2.6478
October	2.7431	2.5226	2.6908
November	2.8168	2.7206	2.7718
December	2.7728	2.7319	2.7549