2015 HNL to MRO Historical Review

YEARLY HIGH

15.4541 MRO

YEARLY LOW

13.1786 MRO

YEARLY AVERAGE

14.2555 MRO

2015 HNL to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the HNL to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 15.4541. Conversely, the yearly low was recorded on October 11, dropping to 13.1786.

This high-to-low spread represents a total annual volatility of 2.2755 MRO. From a start-to-finish perspective, comparing the January average rate of 13.8319 to the December average rate of 13.9240, the exchange rate registered a net change of 0.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 15.4541 was down 0.59% compared to the 2014 peak of 15.5465, 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 77,270 MRO

2014 Average 71,671 MRO

Yearly Trough Low 65,893 MRO

Transaction Impact: A difference of 11,377.57 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

15.0496

13.4968

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 14.1760, compared to 14.3350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1590 points.

H1 Avg (Jan–Jun) 14.1760

H2 Avg (Jul–Dec) 14.3350

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 1.7052 MRO (High: 14.8838 / Low: 13.1786). On the other end, January was the most stable month, with a tight range of 0.1527 MRO (High: 13.8952 / Low: 13.7425).

October Spread (Volatile) ±1.7052

January Spread (Stable) ±0.1527

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.7351 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 14.6591) against the same month in 2014 (average: 13.7495), the exchange rate shifted by +0.9096 (+6.62%).

2015 Avg (November) 14.6591

2014 Avg (November) 13.7495

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.8952	13.7425	13.8319
February	13.9038	13.7385	13.7903
March	14.6974	13.3013	13.9198
April	14.7409	14.0317	14.5584
May	14.5263	13.8225	14.2853
June	14.9650	14.1886	14.6705
July	15.0130	14.7473	14.9202
August	14.9608	14.2746	14.6503
September	14.6669	13.3556	14.2305
October	14.8838	13.1786	13.6262
November	15.4541	14.3394	14.6591
December	14.0576	13.4544	13.9240