2012 HNL to ETB Historical Review

YEARLY HIGH

0.9408 ETB

YEARLY LOW

0.9075 ETB

YEARLY AVERAGE

0.9198 ETB

2012 HNL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the HNL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.9408. Conversely, the yearly low was recorded on January 18, dropping to 0.9075.

This high-to-low spread represents a total annual volatility of 0.0332 ETB. From a start-to-finish perspective, comparing the January average rate of 0.9088 to the December average rate of 0.9190, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.9408 was up 3.18% compared to the 2011 peak of 0.9118, 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 4,704 ETB

2011 Average 4,212 ETB

Yearly Trough Low 4,538 ETB

Transaction Impact: A difference of 166.22 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.9404

0.9059

JanuMarcMayJulySeptNove

HNL to ETB 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 0.9171, compared to 0.9225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.9171

H2 Avg (Jul–Dec) 0.9225

Volatility Range Comparison

Volatility

The most volatile month in 2012 was August, with a trading range of 0.0204 ETB (High: 0.9388 / Low: 0.9184). On the other end, September was the most stable month, with a tight range of 0.0019 ETB (High: 0.9199 / Low: 0.9179).

August Spread (Volatile) ±0.0204

September Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0146 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.9376) against the same month in 2011 (average: 0.8986), the exchange rate shifted by +0.0389 (+4.33%).

2012 Avg (July) 0.9376

2011 Avg (July) 0.8986

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9106	0.9075	0.9088
February	0.9144	0.9086	0.9108
March	0.9216	0.9115	0.9148
April	0.9193	0.9140	0.9166
May	0.9255	0.9189	0.9227
June	0.9324	0.9258	0.9291
July	0.9408	0.9243	0.9376
August	0.9388	0.9184	0.9230
September	0.9199	0.9179	0.9188
October	0.9203	0.9178	0.9188
November	0.9197	0.9173	0.9181
December	0.9205	0.9173	0.9190