2018 HNL to MRO Historical Review

YEARLY HIGH

15.6169 MRO

YEARLY LOW

8.6505 MRO

YEARLY AVERAGE

14.8632 MRO

2018 HNL to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HNL to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 15.6169. Conversely, the yearly low was recorded on October 8, dropping to 8.6505.

This high-to-low spread represents a total annual volatility of 6.9664 MRO. From a start-to-finish perspective, comparing the January average rate of 15.0188 to the December average rate of 14.7169, the exchange rate registered a net change of -2.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 15.6169 was down 0.65% compared to the 2017 peak of 15.7194, 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 78,084 MRO

2017 Average 76,682 MRO

Yearly Trough Low 43,252 MRO

Transaction Impact: A difference of 34,832.02 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

15.1219

14.3611

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 14.9931, compared to 14.7332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2599 points.

H1 Avg (Jan–Jun) 14.9931

H2 Avg (Jul–Dec) 14.7332

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 6.2541 MRO (High: 14.9045 / Low: 8.6505). On the other end, March was the most stable month, with a tight range of 0.0743 MRO (High: 15.0896 / Low: 15.0153).

October Spread (Volatile) ±6.2541

March Spread (Stable) ±0.0743

Growth Streaks & Declines

Trends

Between June and August, 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 September and October, when the average rate fell by 0.4253 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 14.7169) against the same month in 2017 (average: 15.0327), the exchange rate shifted by -0.3157 (-2.10%).

2018 Avg (December) 14.7169

2017 Avg (December) 15.0327

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.1199	14.8672	15.0188
February	15.1152	15.0165	15.0585
March	15.0896	15.0153	15.0523
April	15.0865	14.8949	15.0190
May	15.0476	14.8810	14.9644
June	14.9341	14.7919	14.8458
July	14.9442	14.7817	14.8477
August	14.9479	14.7848	14.8530
September	14.8859	14.7864	14.8498
October	14.9045	8.6505	14.4245
November	14.8750	14.6336	14.7075
December	15.6169	14.5824	14.7169