2014 HNL to NIO Historical Review

YEARLY HIGH

1.3516 NIO

YEARLY LOW

1.2230 NIO

YEARLY AVERAGE

1.2740 NIO

2014 HNL to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 26, valuing the pair at 1.3516. Conversely, the yearly low was recorded on September 15, dropping to 1.2230.

This high-to-low spread represents a total annual volatility of 0.1286 NIO. From a start-to-finish perspective, comparing the January average rate of 1.2669 to the December average rate of 1.2567, the exchange rate registered a net change of -0.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3516 was up 4.42% compared to the 2013 peak of 1.2943, 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 6,758 NIO

2013 Average 6,145 NIO

Yearly Trough Low 6,115 NIO

Transaction Impact: A difference of 642.80 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.3535

1.2312

JanuMarcMayJulySeptNove

HNL to NIO 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 1.3015, compared to 1.2464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0551 points.

H1 Avg (Jan–Jun) 1.3015

H2 Avg (Jul–Dec) 1.2464

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.1075 NIO (High: 1.3516 / Low: 1.2441). On the other end, July was the most stable month, with a tight range of 0.0042 NIO (High: 1.2438 / Low: 1.2396).

May Spread (Volatile) ±0.1075

July Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0988 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0988

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 1.3427) against the same month in 2013 (average: 1.2652), the exchange rate shifted by +0.0775 (+6.13%).

2014 Avg (May) 1.3427

2013 Avg (May) 1.2652

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2814	1.2541	1.2669
February	1.3030	1.2763	1.2904
March	1.3388	1.3003	1.3219
April	1.3491	1.3352	1.3433
May	1.3516	1.2441	1.3427
June	1.2495	1.2394	1.2439
July	1.2438	1.2396	1.2414
August	1.2454	1.2388	1.2417
September	1.2477	1.2230	1.2420
October	1.2517	1.2366	1.2460
November	1.2537	1.2475	1.2509
December	1.2616	1.2515	1.2567