2015 HNL to BTN Historical Review

YEARLY HIGH

3.0779 BTN

YEARLY LOW

2.8740 BTN

YEARLY AVERAGE

2.9554 BTN

2015 HNL to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the HNL to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 3.0779. Conversely, the yearly low was recorded on April 27, dropping to 2.8740.

This high-to-low spread represents a total annual volatility of 0.2039 BTN. From a start-to-finish perspective, comparing the January average rate of 2.9542 to the December average rate of 3.0417, the exchange rate registered a net change of 2.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 3.0779 was down 3.68% compared to the 2014 peak of 3.1955, 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 15,390 BTN

2014 Average 14,966 BTN

Yearly Trough Low 14,370 BTN

Transaction Impact: A difference of 1,019.33 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

3.0555

2.8899

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 2.9238, compared to 2.9871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0633 points.

H1 Avg (Jan–Jun) 2.9238

H2 Avg (Jul–Dec) 2.9871

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.1264 BTN (High: 3.0328 / Low: 2.9065). On the other end, May was the most stable month, with a tight range of 0.0333 BTN (High: 2.9204 / Low: 2.8871).

August Spread (Volatile) ±0.1264

May Spread (Stable) ±0.0333

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0671 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0671

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 3.0417) against the same month in 2014 (average: 2.9760), the exchange rate shifted by +0.0657 (+2.21%).

2015 Avg (December) 3.0417

2014 Avg (December) 2.9760

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0236	2.9006	2.9542
February	2.9675	2.9127	2.9344
March	2.9783	2.8752	2.9195
April	2.9403	2.8740	2.9086
May	2.9204	2.8871	2.9037
June	2.9435	2.8969	2.9223
July	2.9342	2.8989	2.9134
August	3.0328	2.9065	2.9685
September	3.0593	3.0022	3.0288
October	3.0005	2.9280	2.9617
November	3.0488	2.9655	3.0081
December	3.0779	2.9678	3.0417