2017 HNL to BTN Historical Review

YEARLY HIGH

2.9859 BTN

YEARLY LOW

2.5062 BTN

YEARLY AVERAGE

2.7731 BTN

2017 HNL to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 2.9859. Conversely, the yearly low was recorded on August 19, dropping to 2.5062.

This high-to-low spread represents a total annual volatility of 0.4797 BTN. From a start-to-finish perspective, comparing the January average rate of 2.9165 to the December average rate of 2.7181, the exchange rate registered a net change of -6.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.9859 was down 1.76% compared to the 2016 peak of 3.0392, 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 14,929 BTN

2016 Average 14,756 BTN

Yearly Trough Low 12,531 BTN

Transaction Impact: A difference of 2,398.39 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.9364

2.6972

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 2.8038, compared to 2.7424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0614 points.

H1 Avg (Jan–Jun) 2.8038

H2 Avg (Jul–Dec) 2.7424

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.2557 BTN (High: 2.7619 / Low: 2.5062). On the other end, December was the most stable month, with a tight range of 0.0340 BTN (High: 2.7344 / Low: 2.7004).

August Spread (Volatile) ±0.2557

December Spread (Stable) ±0.0340

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 0.0684 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0684

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.9165) against the same month in 2016 (average: 2.9986), the exchange rate shifted by -0.0821 (-2.74%).

2017 Avg (January) 2.9165

2016 Avg (January) 2.9986

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9859	2.8802	2.9165
February	2.8767	2.8263	2.8481
March	2.8565	2.7655	2.8072
April	2.7744	2.7264	2.7537
May	2.7791	2.7274	2.7467
June	2.7714	2.7359	2.7508
July	2.7768	2.7355	2.7550
August	2.7619	2.5062	2.7171
September	2.8067	2.7188	2.7478
October	2.7996	2.7441	2.7702
November	2.7687	2.7183	2.7463
December	2.7344	2.7004	2.7181