2014 HNL to PEN Historical Review

YEARLY HIGH

0.1472 PEN

YEARLY LOW

0.1324 PEN

YEARLY AVERAGE

0.1392 PEN

2014 HNL to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.1472. Conversely, the yearly low was recorded on July 7, dropping to 0.1324.

This high-to-low spread represents a total annual volatility of 0.0148 PEN. From a start-to-finish perspective, comparing the January average rate of 0.1401 to the December average rate of 0.1405, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1472 was up 4.53% compared to the 2013 peak of 0.1408, 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 736 PEN

2013 Average 673 PEN

Yearly Trough Low 662 PEN

Transaction Impact: A difference of 74.16 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1471

0.1317

JanuMarcMayJulySeptNove

HNL to PEN 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 0.1422, compared to 0.1363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.1422

H2 Avg (Jul–Dec) 0.1363

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0136 PEN (High: 0.1472 / Low: 0.1336). On the other end, October was the most stable month, with a tight range of 0.0011 PEN (High: 0.1375 / Low: 0.1364).

May Spread (Volatile) ±0.0136

October Spread (Stable) ±0.0011

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 0.0112 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.1453) against the same month in 2013 (average: 0.1365), the exchange rate shifted by +0.0088 (+6.45%).

2014 Avg (May) 0.1453

2013 Avg (May) 0.1365

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1418	0.1381	0.1401
February	0.1434	0.1416	0.1425
March	0.1463	0.1433	0.1452
April	0.1470	0.1449	0.1458
May	0.1472	0.1336	0.1453
June	0.1348	0.1334	0.1341
July	0.1335	0.1324	0.1330
August	0.1349	0.1328	0.1340
September	0.1370	0.1351	0.1358
October	0.1375	0.1364	0.1368
November	0.1384	0.1370	0.1377
December	0.1422	0.1379	0.1405