2012 HNL to CVE Historical Review

YEARLY HIGH

4.8148 CVE

YEARLY LOW

4.1848 CVE

YEARLY AVERAGE

4.4523 CVE

2012 HNL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the HNL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 4.8148. Conversely, the yearly low was recorded on December 31, dropping to 4.1848.

This high-to-low spread represents a total annual volatility of 0.6300 CVE. From a start-to-finish perspective, comparing the January average rate of 4.4928 to the December average rate of 4.2462, the exchange rate registered a net change of -5.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 4.8148 was up 6.60% compared to the 2011 peak of 4.5166, 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 24,074 CVE

2011 Average 20,967 CVE

Yearly Trough Low 20,924 CVE

Transaction Impact: A difference of 3,149.83 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

4.7723

4.1984

JanuMarcMayJulySeptNove

HNL to CVE 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 4.4675, compared to 4.4371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0303 points.

H1 Avg (Jan–Jun) 4.4675

H2 Avg (Jul–Dec) 4.4371

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.3031 CVE (High: 4.6725 / Low: 4.3693). On the other end, March was the most stable month, with a tight range of 0.0891 CVE (High: 4.4335 / Low: 4.3444).

May Spread (Volatile) ±0.3031

March Spread (Stable) ±0.0891

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2194 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 4.7244) against the same month in 2011 (average: 4.0854), the exchange rate shifted by +0.6391 (+15.64%).

2012 Avg (July) 4.7244

2011 Avg (July) 4.0854

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.5718	4.3912	4.4928
February	4.4221	4.3236	4.3831
March	4.4335	4.3444	4.3848
April	4.4351	4.3444	4.4008
May	4.6725	4.3693	4.5186
June	4.6800	4.5728	4.6246
July	4.8148	4.6010	4.7244
August	4.7356	4.5057	4.5954
September	4.5079	4.2900	4.3760
October	4.3769	4.2868	4.3252
November	4.4030	4.2985	4.3555
December	4.3194	4.1848	4.2462