2014 HNL to MDL Historical Review

YEARLY HIGH

0.7454 MDL

YEARLY LOW

0.6429 MDL

YEARLY AVERAGE

0.6866 MDL

2014 HNL to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.7454. Conversely, the yearly low was recorded on January 1, dropping to 0.6429.

This high-to-low spread represents a total annual volatility of 0.1026 MDL. From a start-to-finish perspective, comparing the January average rate of 0.6571 to the December average rate of 0.7315, the exchange rate registered a net change of 11.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7454 was up 12.83% compared to the 2013 peak of 0.6607, 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 3,727 MDL

2013 Average 3,121 MDL

Yearly Trough Low 3,214 MDL

Transaction Impact: A difference of 512.89 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7389

0.6497

JanuMarcMayJulySeptNove

HNL to MDL 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 0.6851, compared to 0.6880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.6851

H2 Avg (Jul–Dec) 0.6880

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0539 MDL (High: 0.7205 / Low: 0.6666). On the other end, July was the most stable month, with a tight range of 0.0070 MDL (High: 0.6696 / Low: 0.6626).

May Spread (Volatile) ±0.0539

July Spread (Stable) ±0.0070

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 0.0390 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0390

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.7315) against the same month in 2013 (average: 0.6336), the exchange rate shifted by +0.0979 (+15.46%).

2014 Avg (December) 0.7315

2013 Avg (December) 0.6336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6751	0.6429	0.6571
February	0.6976	0.6755	0.6838
March	0.7003	0.6861	0.6951
April	0.7070	0.6944	0.6994
May	0.7205	0.6666	0.7072
June	0.6740	0.6632	0.6682
July	0.6696	0.6626	0.6664
August	0.6647	0.6509	0.6582
September	0.6884	0.6661	0.6779
October	0.6982	0.6830	0.6902
November	0.7125	0.6895	0.7040
December	0.7454	0.7074	0.7315