2014 HNL to CDF Historical Review

YEARLY HIGH

48.3914 CDF

YEARLY LOW

43.3252 CDF

YEARLY AVERAGE

45.3159 CDF

2014 HNL to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 48.3914. Conversely, the yearly low was recorded on October 16, dropping to 43.3252.

This high-to-low spread represents a total annual volatility of 5.0662 CDF. From a start-to-finish perspective, comparing the January average rate of 46.0823 to the December average rate of 43.9073, the exchange rate registered a net change of -4.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 48.3914 was down 0.60% compared to the 2013 peak of 48.6841, 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 241,957 CDF

2013 Average 229,737 CDF

Yearly Trough Low 216,626 CDF

Transaction Impact: A difference of 25,330.79 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

48.6361

43.0701

JanuMarcMayJulySeptNove

HNL to CDF 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 46.8378, compared to 43.7941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0437 points.

H1 Avg (Jan–Jun) 46.8378

H2 Avg (Jul–Dec) 43.7941

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 3.7677 CDF (High: 48.3914 / Low: 44.6236). On the other end, September was the most stable month, with a tight range of 0.1741 CDF (High: 43.8463 / Low: 43.6722).

May Spread (Volatile) ±3.7677

September Spread (Stable) ±0.1741

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 3.7278 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.7278

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 48.0309) against the same month in 2013 (average: 47.5929), the exchange rate shifted by +0.4380 (+0.92%).

2014 Avg (May) 48.0309

2013 Avg (May) 47.5929

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.4611	45.4815	46.0823
February	47.2029	46.3575	46.7161
March	48.0566	47.2348	47.7220
April	48.3616	47.9211	48.1722
May	48.3914	44.6236	48.0309
June	44.6741	43.7891	44.3031
July	44.1658	43.8473	44.0374
August	44.1813	43.7021	43.9402
September	43.8463	43.6722	43.7682
October	43.8279	43.3252	43.5339
November	43.7274	43.3826	43.5775
December	44.0858	43.6487	43.9073