2015 HNL to CVE Historical Review

YEARLY HIGH

4.9004 CVE

YEARLY LOW

4.3225 CVE

YEARLY AVERAGE

4.5778 CVE

2015 HNL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the HNL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 4.9004. Conversely, the yearly low was recorded on January 2, dropping to 4.3225.

This high-to-low spread represents a total annual volatility of 0.5779 CVE. From a start-to-finish perspective, comparing the January average rate of 4.4929 to the December average rate of 4.6214, the exchange rate registered a net change of 2.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 4.9004 was up 13.67% compared to the 2014 peak of 4.3112, 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 24,502 CVE

2014 Average 20,281 CVE

Yearly Trough Low 21,612 CVE

Transaction Impact: A difference of 2,889.60 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

4.7776

4.4498

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 4.5929, compared to 4.5628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0301 points.

H1 Avg (Jan–Jun) 4.5929

H2 Avg (Jul–Dec) 4.5628

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.3395 CVE (High: 4.6619 / Low: 4.3225). On the other end, February was the most stable month, with a tight range of 0.1208 CVE (High: 4.6725 / Low: 4.5517).

January Spread (Volatile) ±0.3395

February Spread (Stable) ±0.1208

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.2340 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2340

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 4.7503) against the same month in 2014 (average: 4.1047), the exchange rate shifted by +0.6456 (+15.73%).

2015 Avg (March) 4.7503

2014 Avg (March) 4.1047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.6619	4.3225	4.4929
February	4.6725	4.5517	4.5876
March	4.9004	4.6382	4.7503
April	4.8419	4.5129	4.7279
May	4.6208	4.3832	4.4940
June	4.5951	4.4511	4.5045
July	4.6690	4.5359	4.5913
August	4.6192	4.3349	4.5191
September	4.5392	4.4092	4.4874
October	4.5904	4.3756	4.4771
November	4.7607	4.5414	4.6804
December	4.7447	4.5462	4.6214