2013 HNL to MRO Historical Review

YEARLY HIGH

15.7628 MRO

YEARLY LOW

13.6449 MRO

YEARLY AVERAGE

14.6204 MRO

2013 HNL to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the HNL to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 15.7628. Conversely, the yearly low was recorded on April 29, dropping to 13.6449.

This high-to-low spread represents a total annual volatility of 2.1179 MRO. From a start-to-finish perspective, comparing the January average rate of 15.1412 to the December average rate of 14.2827, the exchange rate registered a net change of -5.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 15.7628 was down 0.08% compared to the 2012 peak of 15.7756, 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 78,814 MRO

2012 Average 76,379 MRO

Yearly Trough Low 68,225 MRO

Transaction Impact: A difference of 10,589.29 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

15.2464

13.9831

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 14.6768, compared to 14.5640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1128 points.

H1 Avg (Jan–Jun) 14.6768

H2 Avg (Jul–Dec) 14.5640

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 2.0485 MRO (High: 15.7628 / Low: 13.7143). On the other end, January was the most stable month, with a tight range of 0.1775 MRO (High: 15.2411 / Low: 15.0636).

May Spread (Volatile) ±2.0485

January Spread (Stable) ±0.1775

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5294 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5294

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2013: 14.4582) against the same month in 2012 (average: 15.2677), the exchange rate shifted by -0.8095 (-5.30%).

2013 Avg (May) 14.4582

2012 Avg (May) 15.2677

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.2411	15.0636	15.1412
February	15.1056	14.9210	15.0304
March	14.9370	14.1397	14.6177
April	14.2756	13.6449	14.0884
May	15.7628	13.7143	14.4582
June	14.8741	14.4557	14.7252
July	14.9455	14.4280	14.6769
August	14.8162	14.4726	14.7360
September	14.7983	13.9976	14.4454
October	14.8689	14.3346	14.6608
November	14.8843	14.2062	14.5822
December	14.3888	14.1762	14.2827