2014 HNL to MVR Historical Review

YEARLY HIGH

0.8113 MVR

YEARLY LOW

0.7185 MVR

YEARLY AVERAGE

0.7551 MVR

2014 HNL to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 28, valuing the pair at 0.8113. Conversely, the yearly low was recorded on November 30, dropping to 0.7185.

This high-to-low spread represents a total annual volatility of 0.0928 MVR. From a start-to-finish perspective, comparing the January average rate of 0.7676 to the December average rate of 0.7248, the exchange rate registered a net change of -5.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8113 was up 0.23% compared to the 2013 peak of 0.8094, 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 4,056 MVR

2013 Average 3,830 MVR

Yearly Trough Low 3,592 MVR

Transaction Impact: A difference of 463.84 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8124

0.7137

JanuMarcMayJulySeptNove

HNL to MVR 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 0.7821, compared to 0.7281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0540 points.

H1 Avg (Jan–Jun) 0.7821

H2 Avg (Jul–Dec) 0.7281

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0641 MVR (High: 0.8113 / Low: 0.7472). On the other end, July was the most stable month, with a tight range of 0.0047 MVR (High: 0.7372 / Low: 0.7324).

May Spread (Volatile) ±0.0641

July Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0616 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0616

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.8027) against the same month in 2013 (average: 0.7931), the exchange rate shifted by +0.0096 (+1.20%).

2014 Avg (May) 0.8027

2013 Avg (May) 0.7931

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7741	0.7587	0.7676
February	0.7884	0.7736	0.7803
March	0.8037	0.7875	0.7968
April	0.8074	0.8001	0.8042
May	0.8113	0.7472	0.8027
June	0.7503	0.7342	0.7411
July	0.7372	0.7324	0.7351
August	0.7385	0.7270	0.7325
September	0.7322	0.7259	0.7291
October	0.7308	0.7218	0.7253
November	0.7263	0.7185	0.7219
December	0.7286	0.7200	0.7248