2012 HNL to DJF Historical Review

YEARLY HIGH

9.4422 DJF

YEARLY LOW

8.9137 DJF

YEARLY AVERAGE

9.2333 DJF

2012 HNL to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the HNL to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 9.4422. Conversely, the yearly low was recorded on December 27, dropping to 8.9137.

This high-to-low spread represents a total annual volatility of 0.5286 DJF. From a start-to-finish perspective, comparing the January average rate of 9.3637 to the December average rate of 8.9594, the exchange rate registered a net change of -4.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 9.4422 was down 0.83% compared to the 2011 peak of 9.5217, 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 47,211 DJF

2011 Average 47,000 DJF

Yearly Trough Low 44,568 DJF

Transaction Impact: A difference of 2,642.85 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

9.4312

8.9165

JanuMarcMayJulySeptNove

HNL to DJF 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 9.3759, compared to 9.0907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2852 points.

H1 Avg (Jan–Jun) 9.3759

H2 Avg (Jul–Dec) 9.0907

Volatility Range Comparison

Volatility

The most volatile month in 2012 was August, with a trading range of 0.2075 DJF (High: 9.3061 / Low: 9.0985). On the other end, November was the most stable month, with a tight range of 0.0613 DJF (High: 9.0280 / Low: 8.9668).

August Spread (Volatile) ±0.2075

November Spread (Stable) ±0.0613

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1825 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1825

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2012: 9.3859) against the same month in 2011 (average: 9.3964), the exchange rate shifted by -0.0104 (-0.11%).

2012 Avg (April) 9.3859

2011 Avg (April) 9.3964

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.4223	9.3420	9.3637
February	9.4126	9.3391	9.3590
March	9.4133	9.3399	9.3715
April	9.4422	9.3451	9.3859
May	9.4114	9.3496	9.3867
June	9.4380	9.3660	9.3883
July	9.3655	9.1694	9.3295
August	9.3061	9.0985	9.1470
September	9.1750	9.0380	9.0809
October	9.0839	8.9987	9.0341
November	9.0280	8.9668	8.9931
December	9.0131	8.9137	8.9594