2014 HNL to GNF Historical Review

YEARLY HIGH

369.1700 GNF

YEARLY LOW

327.7440 GNF

YEARLY AVERAGE

343.9737 GNF

2014 HNL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 369.1700. Conversely, the yearly low was recorded on September 4, dropping to 327.7440.

This high-to-low spread represents a total annual volatility of 41.4260 GNF. From a start-to-finish perspective, comparing the January average rate of 348.2529 to the December average rate of 334.4807, the exchange rate registered a net change of -3.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 369.1700 was down 1.31% compared to the 2013 peak of 374.0709, 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 1,845,850 GNF

2013 Average 1,748,678 GNF

Yearly Trough Low 1,638,720 GNF

Transaction Impact: A difference of 207,129.90 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

367.9719

328.4112

JanuMarcMayJulySeptNove

HNL to GNF 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 354.9274, compared to 333.0200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 21.9074 points.

H1 Avg (Jan–Jun) 354.9274

H2 Avg (Jul–Dec) 333.0200

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 29.0500 GNF (High: 369.1700 / Low: 340.1199). On the other end, November was the most stable month, with a tight range of 5.4542 GNF (High: 333.5726 / Low: 328.1185).

May Spread (Volatile) ±29.0500

November Spread (Stable) ±5.4542

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 29.1378 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -29.1378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 364.0415) against the same month in 2013 (average: 365.4304), the exchange rate shifted by -1.3889 (-0.38%).

2014 Avg (May) 364.0415

2013 Avg (May) 365.4304

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	352.6264	343.2036	348.2529
February	358.7215	350.6558	355.0702
March	368.8741	357.8964	362.6209
April	367.8952	360.6108	364.6752
May	369.1700	340.1199	364.0415
June	337.9304	330.3669	334.9036
July	338.4412	331.1127	335.3107
August	335.9101	329.2991	332.7402
September	334.7624	327.7440	332.0999
October	334.6115	328.3771	331.7079
November	333.5726	328.1185	331.7805
December	337.4361	330.8574	334.4807