2014 HNL to LSL Historical Review

YEARLY HIGH

0.5653 LSL

YEARLY LOW

0.5009 LSL

YEARLY AVERAGE

0.5320 LSL

2014 HNL to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.5653. Conversely, the yearly low was recorded on July 25, dropping to 0.5009.

This high-to-low spread represents a total annual volatility of 0.0644 LSL. From a start-to-finish perspective, comparing the January average rate of 0.5414 to the December average rate of 0.5452, the exchange rate registered a net change of 0.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5653 was up 9.34% compared to the 2013 peak of 0.5170, 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 2,827 LSL

2013 Average 2,401 LSL

Yearly Trough Low 2,505 LSL

Transaction Impact: A difference of 321.91 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5608

0.5027

JanuMarcMayJulySeptNove

HNL to LSL 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 0.5430, compared to 0.5209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 0.5430

H2 Avg (Jul–Dec) 0.5209

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0448 LSL (High: 0.5633 / Low: 0.5184). On the other end, August was the most stable month, with a tight range of 0.0117 LSL (High: 0.5140 / Low: 0.5023).

January Spread (Volatile) ±0.0448

August Spread (Stable) ±0.0117

Growth Streaks & Declines

Trends

Between August and December, 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 0.0302 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.5556) against the same month in 2013 (average: 0.4645), the exchange rate shifted by +0.0910 (+19.60%).

2014 Avg (March) 0.5556

2013 Avg (March) 0.4645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5633	0.5184	0.5414
February	0.5630	0.5481	0.5560
March	0.5653	0.5463	0.5556
April	0.5577	0.5442	0.5508
May	0.5510	0.5082	0.5422
June	0.5196	0.5058	0.5120
July	0.5140	0.5009	0.5085
August	0.5140	0.5023	0.5076
September	0.5336	0.5053	0.5202
October	0.5366	0.5123	0.5219
November	0.5305	0.5153	0.5223
December	0.5546	0.5195	0.5452