2014 HNL to SBD Historical Review

YEARLY HIGH

0.3845 SBD

YEARLY LOW

0.3407 SBD

YEARLY AVERAGE

0.3587 SBD

2014 HNL to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.3845. Conversely, the yearly low was recorded on September 4, dropping to 0.3407.

This high-to-low spread represents a total annual volatility of 0.0438 SBD. From a start-to-finish perspective, comparing the January average rate of 0.3596 to the December average rate of 0.3587, the exchange rate registered a net change of -0.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3845 was up 0.74% compared to the 2013 peak of 0.3817, 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 1,923 SBD

2013 Average 1,782 SBD

Yearly Trough Low 1,704 SBD

Transaction Impact: A difference of 219.07 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3842

0.3407

JanuMarcMayJulySeptNove

HNL to SBD 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 0.3687, compared to 0.3487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0200 points.

H1 Avg (Jan–Jun) 0.3687

H2 Avg (Jul–Dec) 0.3487

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0304 SBD (High: 0.3845 / Low: 0.3542). On the other end, July was the most stable month, with a tight range of 0.0025 SBD (High: 0.3467 / Low: 0.3442).

May Spread (Volatile) ±0.0304

July Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0324 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0324

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.3805) against the same month in 2013 (average: 0.3730), the exchange rate shifted by +0.0076 (+2.03%).

2014 Avg (May) 0.3805

2013 Avg (May) 0.3730

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3653	0.3549	0.3596
February	0.3718	0.3641	0.3680
March	0.3784	0.3717	0.3759
April	0.3820	0.3779	0.3798
May	0.3845	0.3542	0.3805
June	0.3536	0.3444	0.3482
July	0.3467	0.3442	0.3453
August	0.3470	0.3414	0.3443
September	0.3500	0.3407	0.3458
October	0.3508	0.3459	0.3478
November	0.3531	0.3460	0.3503
December	0.3645	0.3517	0.3587