2012 HNL to MRO Historical Review

YEARLY HIGH

15.7756 MRO

YEARLY LOW

14.9083 MRO

YEARLY AVERAGE

15.2753 MRO

2012 HNL to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the HNL to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 15.7756. Conversely, the yearly low was recorded on December 12, dropping to 14.9083.

This high-to-low spread represents a total annual volatility of 0.8673 MRO. From a start-to-finish perspective, comparing the January average rate of 15.1401 to the December average rate of 15.0511, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 15.7756 was up 2.67% compared to the 2011 peak of 15.3661, 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 78,878 MRO

2011 Average 73,958 MRO

Yearly Trough Low 74,541 MRO

Transaction Impact: A difference of 4,336.57 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

15.5605

15.0047

JanuMarcMayJulySeptNove

HNL to MRO 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 15.2591, compared to 15.2914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0323 points.

H1 Avg (Jan–Jun) 15.2591

H2 Avg (Jul–Dec) 15.2914

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.5473 MRO (High: 15.7756 / Low: 15.2282). On the other end, November was the most stable month, with a tight range of 0.0833 MRO (High: 15.1165 / Low: 15.0332).

July Spread (Volatile) ±0.5473

November Spread (Stable) ±0.0833

Growth Streaks & Declines

Trends

Between April and July, 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 October and November, when the average rate fell by 0.2039 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 15.5142) against the same month in 2011 (average: 14.5679), the exchange rate shifted by +0.9464 (+6.50%).

2012 Avg (July) 15.5142

2011 Avg (July) 14.5679

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.1992	15.0001	15.1401
February	15.4269	15.1179	15.2614
March	15.4688	15.2281	15.3396
April	15.4036	15.0681	15.2183
May	15.4471	15.0682	15.2677
June	15.4636	15.1649	15.3277
July	15.7756	15.2282	15.5142
August	15.7513	15.3890	15.4933
September	15.4070	15.2884	15.3552
October	15.3416	15.1600	15.2693
November	15.1165	15.0332	15.0654
December	15.1930	14.9083	15.0511