2011 HNL to LTL Historical Review

YEARLY HIGH

0.1414 LTL

YEARLY LOW

0.1226 LTL

YEARLY AVERAGE

0.1313 LTL

2011 HNL to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.1414. Conversely, the yearly low was recorded on May 4, dropping to 0.1226.

This high-to-low spread represents a total annual volatility of 0.0188 LTL. From a start-to-finish perspective, comparing the January average rate of 0.1366 to the December average rate of 0.1383, the exchange rate registered a net change of 1.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1414 was down 7.45% compared to the 2010 peak of 0.1528, 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 707 LTL

2010 Average 689 LTL

Yearly Trough Low 613 LTL

Transaction Impact: A difference of 94.04 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1395

0.1251

JanuMarcMayJulySeptNove

HNL to LTL 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 0.1302, compared to 0.1324 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1302

H2 Avg (Jul–Dec) 0.1324

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0100 LTL (High: 0.1385 / Low: 0.1285). On the other end, August was the most stable month, with a tight range of 0.0035 LTL (High: 0.1299 / Low: 0.1265).

October Spread (Volatile) ±0.0100

August Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between June and December, 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 March and April, when the average rate fell by 0.0041 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.1366) against the same month in 2010 (average: 0.1280), the exchange rate shifted by +0.0086 (+6.75%).

2011 Avg (January) 0.1366

2010 Avg (January) 0.1280

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1414	0.1331	0.1366
February	0.1358	0.1320	0.1338
March	0.1325	0.1283	0.1305
April	0.1291	0.1229	0.1263
May	0.1303	0.1226	0.1272
June	0.1295	0.1246	0.1269
July	0.1307	0.1259	0.1279
August	0.1299	0.1265	0.1281
September	0.1361	0.1282	0.1328
October	0.1385	0.1285	0.1330
November	0.1379	0.1319	0.1345
December	0.1411	0.1353	0.1383