2014 HNL to GMD Historical Review

YEARLY HIGH

2.0864 GMD

YEARLY LOW

1.8609 GMD

YEARLY AVERAGE

1.9561 GMD

2014 HNL to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 2.0864. Conversely, the yearly low was recorded on October 14, dropping to 1.8609.

This high-to-low spread represents a total annual volatility of 0.2256 GMD. From a start-to-finish perspective, comparing the January average rate of 1.8990 to the December average rate of 2.0443, the exchange rate registered a net change of 7.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.0864 was up 10.96% compared to the 2013 peak of 1.8804, 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 10,432 GMD

2013 Average 8,430 GMD

Yearly Trough Low 9,304 GMD

Transaction Impact: A difference of 1,127.95 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.0849

1.8608

JanuMarcMayJulySeptNove

HNL to GMD 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 1.9677, compared to 1.9446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 1.9677

H2 Avg (Jul–Dec) 1.9446

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.1730 GMD (High: 2.0864 / Low: 1.9134). On the other end, August was the most stable month, with a tight range of 0.0209 GMD (High: 1.8990 / Low: 1.8782).

May Spread (Volatile) ±0.1730

August Spread (Stable) ±0.0209

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.1605 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1605

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 2.0662) against the same month in 2013 (average: 1.7280), the exchange rate shifted by +0.3382 (+19.57%).

2014 Avg (May) 2.0662

2013 Avg (May) 1.7280

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9142	1.8729	1.8990
February	1.9534	1.9102	1.9323
March	1.9938	1.9472	1.9725
April	2.0740	1.9821	2.0304
May	2.0864	1.9134	2.0662
June	1.9185	1.8962	1.9057
July	1.8982	1.8768	1.8911
August	1.8990	1.8782	1.8913
September	1.8963	1.8676	1.8794
October	2.0313	1.8609	1.9308
November	2.0437	2.0209	2.0307
December	2.0546	2.0330	2.0443